Co op loose £2billion !

But funeral sales are up !

http://news.sky.com/story/1244257/co-op-admits-disastrous-year-amid-2-5bn-loss

Lioned wrote:But funeral sales are up !

http://news.sky.com/story/1244257/co-op-admits-disastrous-year-amid-2-5bn-loss

I can see why their food shops are not doing very well. There are three of them in this area and none is ever very busy. The Co-op once had a couple of unique selling points: a dividend for members; the biggest retailer of Fairtrade products. Nowadays, most big supermarkets offer "loyalty cards," and most offer a wide range of Fairtrade products. Locally at any rate the Co-op is more expensive and doesn't have the same extensive ranges of goods the others offer. Gone are the days when people loyally shopped at the Co-op for their "divi," as members.

IT MIGHT HELP TO HAVE DIRECTORS WITH RETAIL EXPERIENCE,I REMEMBER THE DIVIDENDS COUPONS WHEN I WAS A CHILD.

Badboy wrote:IT MIGHT HELP TO HAVE DIRECTORS WITH RETAIL EXPERIENCE,I REMEMBER THE DIVIDENDS COUPONS WHEN I WAS A CHILD.

Yes, me too. My brother still remembers my mother's divi number!

I remember arranging a very large building contract when the CWS had a contracting firm in Plymouth.At the end of the job they sent us £13000 worth of stamps !
The girls in the accounts dept had to stick them all in books.

I kid you not they where running out of lick towards the end !   

MAYBE THEY SHOULD TAKE A LEAF OUT OF JOHN LEWIS'S BOOK