Word: profitable
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Dates: during 1980-1989
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...were to investigate the significance of the name, "Coop" derives from "cooperative society," and a quick look in webster's tells us that the phrase "Cooperative society" designates "any association for buying and selling to the better advantage of its members or participants by elimination of middlemen's profits." Cooperative societies buy in large quantities at wholesale prices like retail outlets, but while retail outlets price goods to make a profit, cooperatives sell at cost to save their members' money. Food co-ops, for example, often save members 40 percent off retail...
...ranging from semiotics to sanskrit and custom Lesley College notebooks, but why aren't these services provided at a real discount? That is the point of a cooperative society, anyway, and other stores seem to be able to sell at lower prices than the Coop and still make a profit...
...varied demands for course books from MIT, Harvard, Lesley, and the various Harvard professional schools. But the typical retail markup for book sales is on the order of 100 percent. The Coop sells books at retail--or 10 percent off, counting the rebate. Many bookstores make a considerable profit selling at 10 or 20 percent off. If the Coop is not making a profit, what exactly is it doing with our money...
...filmmakers "are concerned about current political and social minority issues," as opposed to being solely profit-minded, said Warrington Hudlin...
...million in legal fees. In the middle of the affair, Pabst President William F. Smith Jr. posted a sign on his office wall: SHOW ME A GOOD LOSER, AND I'LL SHOW YOU A LOSER. Jacobs actually lost his bid, but he and his partners walked away with a profit of more than $20 million...