Word: coops
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Dates: during 1990-1999
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...Coop can compete with them price-wise, but they can't compete with them selection-wise," Dickson says...
Members of the board say the Coop must make changes soon in order to pull...
...Last year was the first year that I can ever remember that the Coop had a loss," says Dickson, who has been on the Board of Directors since the early 1980s. "You can't operate a business at a loss, particularly when you return most of the [money] that exceed[s] your expenses in a year to the members of the Coop...
...When the Coop makes no profit, the members get no rebate. Last fall was the first time in institutional memory when members did not receive a rebate. In 1989, the rebate was 10 percent; in 1993, it was one percent...
...Basically, the Coop is not in the best shape right now, and there has been a lot of talk on how to refocus," says Daniel N. Saul '95, an outgoing member of the Board of Directors and a Crimson editor...