Word: coops
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Dates: during 1990-1999
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Founded in 1885, the Yale Co-op is the second oldest university store in the country after the Harvard Coop...
...Yale Co-op's troubles resemble similar problems encountered by the Harvard Coop. Both campus institutions are part department store and part convenience mart; both have been casualties of a changing business climate...
About 15,000 Yale affiliates pay the Co-op $5 a year or $15 for a lifetime membership and receive rebates from profits. Members of the Harvard Coop pay a $1 annual fee in exchange for a rebate...
...both businesses have been suffering recently--Yale's Co-op has given one rebate in the last five years, and Coop members have seen nothing in three years...
...Harvard Coop has not yet met as drastic a fate as its Yale counterpart...