Word: coops
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Continued poor financial health will prevent the Coop from offering a rebate to its members for the third consecutive year, store officials announced this week...
Although the store managed to reduce its operating losses from last year, it still suffered an 11.2 percent drop in overall sales, according to Coop President Jeremiah P. Murphy...
Citing the Coop's varied history, from originally selling firewood to storing steamer trunks and later serving as a laundromat and pharmacy, Murphy said, "We will always support what is going on at the University and adapt to what the students want...
Having watched sales decline since the early 1980s, when the Coop was able to offer a nine-percent rebate to its members, Murphy said the store realized there were certain markets in which it could not compete...
Some students agreed yesterday that the Coop should not operate as a general department store...