Word: coops
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Dates: during 1990-1999
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Alas, that socialist holdout otherwise known as the Harvard Coop will not offer any discount to its student "members" for the third consecutive year. I would take the opportunity to rail against this decision by Coop President Jeremiah P. Murphy Jr. '73, but such invective would prove futile. There is no hope that the Coop can or will turn a profit. The store's business "strategy" is, of course, the fault of its managers. But any such entrenched bureaucrats with zero financial incentive to improve performance would likely do the same thing that the Coop does: maintain...
...Coop, however, is in a league all its own when it attempts (unnecessarily) to provide students with goods and services which they do not want, doing so inefficiently and at noncompetitive prices. The Coop has--believe it or not--discovered that students aren't buying its tailored clothing, shoes, "fashionable" items, computer hardware, televisions, stereos or cameras. It promises to take them off the floor this year. Regarding its other items, however, the Coop still lives in retail fantasy land. Delusions of un-coerced sales are the only thing keeping it from shutting down...
...would like the Coop to be the finest academic bookstore in the country," Murphy said...
...plans for the Harvard Coop suggest this will be the most beautiful and grand store in the Square, returning the Coop to the prominence it used to have," said Daniel C. Allen '97, a member of the Coop Board of Directors and The Crimson's business manager...
...Coop at Kendall renovation project was completed last month. Like the Harvard Square Coop's planned refurbishing, the MIT Coop has undergone extensive internal renovations and has shifted its sales focus to providing mainly academic necessities...