Word: coops
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Dates: during 1990-1999
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...Coop announced yesterday that its annual rebate to members will be 1.1 percent of their total purchases--the lowest rebate since records have been kept...
While the Coop's approximately 122,000 active members received $1.7 million in rebate checks last year, this year they will be paid only...
Emphasizing the stagnant economy, Coop president Jeremiah P. Murphy '73, who assumed his post last spring, said students were fortunate to receive any payback...
...Coop board of directors finalized the rebate in a meeting Thursday. Several directors and stockholders did not return phone calls yesterday...
Murphy said a large part of the loss in sales was in the Coop's music department, which has faced stiff competition from Square newcomers HMV and Tower Records. Murphy said the Coop has begun a new advertising campaign to win more student business. and he added that he hoped to beat his music competition with lower prices...