Word: coops
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Despite all these problems, Coop executives seemed optimistic that the situation could be improved and the rebate restored...
...bounce back this year," Alexander Zavelle, Coop general manager, told The Crimson in 1970. "At this time next year we will have a big surprise for everyone...
...management team, led by Davis, was able to raise rebates the subsequent year to 4 percent on cash purchases and 3 percent on credit purchases. The Coop also changed its rebate system in the 1971-72 school year to give the same rate for both cash and credit purchases...
...Coop's successful financial recovery continued throughout the 1970s and 1980s, with the rebate nearing the 1966 level of 10 percent...
...recent years, however, the Coop has once again experienced financial difficulties, impacting directly on its ability to deliver on the rebate...