Word: coops
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Dates: during 1990-1999
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Powell said the amount of the rebate depends on the Coop's profitability; as the Coop's profits have decreased so has the rebate...
...Coop rebate two years ago was one percent. Last semester, after announcing that there would not be a rebate for the 1993-94 fiscal year, the Coop decided to offer a refund on Fall semester books, Powell said...
...rebate is important to the members," he said. "When the Coop is profitable again we will return [the rebate] to the members," Powell added...
Powell said his office has not heard any comments or complaints from Coop members concerning the absence of a refund this semester...
...manager also said that it is too early to determine whether the Coop will make a profit this fiscal year...