Word: coops
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Dates: during 1990-1999
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...Coop president Jeremiah P. Murphy '73 said earlier this month that he wants the Harvard Cooperative Society to be "the best bookstore in the world." If he tried to achieve this goal without outside help, we might just say, "Keep dreaming!" But with the help of Barnes and Noble Bookstores Inc., he just might be able to make good on that vision...
First and most obviously, the move will help the Coop pull itself out of its nearly $200,000 loss last year. With that deficit--the first in recent memory--it could have survived a few more years alone, but not without some cutbacks and certainly not with a rebate...
Barnes and Noble's approaching the Coop was particularly fortunate. With the super-chain's management of more than 300 college bookstores, it has a proven track record. And unlike Boston University's bookstore, which bears the name of Barnes and Noble, the Harvard Coop's will keep its historic name and maintain its appeal to alumni...
Despite these criticisms, at least two members of the Coop's student board of directors have said they applaud the decision to hire Barnes and Noble...
...Harvard Square is not the place to offer a general department store," he said. "It's an aggressive move and a strong move for the Coop."CrimsonAndrew L. WrightThe cafe at the Barnes and Noble Boston University bookstore sells Starbucks coffee, as may the new cafe on the first floor of the Coop...