Word: coops
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Dates: during 1960-1969
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...times as many Harvard students have been picked up for shoplifting at the Coop this fall as were picked up in a comparable period last year, while shoplifting for non-students has risen only slightly. As a result. Harvard's Administrative Board is seriously reconsidering its method of handling petty theft by students...
...duty Cambridge policemen who work as security guards in the Coop caught 21 Harvard and Radcliffe Undergraduates and nine graduate students shoplifting this September and October, as compared with three undergraduates and two graduates last year, according to Al Zavelle, Coop Acting General Manager. The number of nonstudents apprehended rose from 32 to 38 in the same period...
Under an informal arrangement which has been in effect for over 40 years, the Coop turns the names of Harvard students caught shoplifting over to the Dean of Students, Robert B. Watson '37. The student is not booked by the police. Instead, Harvard handles the offense as an internal affair, judged in the light of the student's previous record at Harvard...
Zavelle said he could offer no certain explanation for the rise in thefts among students. "Some of these students complain they don't feel like waiting in line, or they say that the Coop overprices and they're getting their 'fair share,' "Zavelle said...
Zavelle emphasized that the overall "shrinkage rate" for the Coop-the percentage of inventory accounted lost through customer theft, employee theft, mispricing, and accounting errors-is less than two per cent, while the rates both for Boston department stores and for department stores nationally are closer to three per cent. He estimated that the Coop loses about $80,000 a year, or one-half of one per cent of sales, through customer theft...