Word: cooped
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...added that the Coop's efficient and healthy operation accounts for the size of the rebate. "I think we run a very good operation, and our large membership proves that we are doing something right," he said...
...rebate checks, which students began to pick up yesterday, total over $2 million. James A. Argeros, general manager of the Coop, said yesterday...
...Coop recently passed the 100,000 membership mark, just before its one hundredth anniversary this spring. This membership figure represents a large increase over last year's total of 87,000 members...
Since it is a cooperative society, the Coop must return the profits it makes from sales to its members...
Profits from non-members' purchases become part of the Coop's retained earnings, which the store uses for operating expenses. The Coop has no investments, Argeros added...