Word: coops
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Dates: during 1960-1969
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...three months later, very little has come from the criticisms that arose during the Fall book shortage. Members of the Harvard Undergraduate Council have met once with Coop officials, and have promised to draft a letter to professors explaining the students' stake in the Coop's problems...
...Coop officials themselves have not done much more. Although they expect almost all Spring term books to be on the shelves by Feb. 7, they admit this is mostly due to the ease with which professors can be reached during the winter and is not a sign that a large textbook shortage can be prevented this Fall...
...such a sign Coop officials are looking to Arnold H. Swenson, formerly associate director of the Columbia University bookstore and an executive at the Columbia store since 1941. When he became Coop book director last month, Swenson said he was confident that enough could be done by this Fall to rule out the possibility of a shortage -- without any radical changes in the present textbook department...
This is an important point, because the Coop -- despite its expansion along Palmer Street -- is not in a position to finance any expensive addition to its facilities or overhaul of its procedures in the near future. Its net income dropped slightly last year for the second time in a row, despite a rise in sales., This was due to the cost of constructing a new store at M.I.T. And soon the Coop will have to start paying for the Palmer Street annex...
...annex itself is not expected to add much to the Coop's net income. Scheduled for completion this spring, it will house general and reference books on the ground floor, paperbacks and records on the second and textbooks on the third, with escalators between floors -- and a freight elevator that may be used by customers during the rush periods at the beginning of each term. Coop officials are sure the annex will bring an increase in sales, but that the extra money will be needed to pay its operating costs...