Word: coops
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Dates: during 1990-1999
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...while the Coop's approximately 122,000 active members received $1.7 million in rebate checks last year, this year they will get only...
When the rebate fell to 7.8 percent in 1989, then-Coop President James A. Argeros reported lower profits despite record sales of $64.4 million...
When sales dropped and the rebate plunged to 5.5 percent in 1990, Argeros said the drop was a temporary result of construction costs associated with the expansion of Coop stores. The Coop's store near the Harvard Club in Boston was closed because it lost money...
...Coop President Jeremiah P. Murphy `73, who took charge last spring, has blamed this year's precipitous fall in profits on the economy...
...Murphy knows only too well, any organized effort to increase the Coop's sales across the board is tough to pull...