Tag: cooperative

What a sad state the Co-op is in. In recent years it has abandoned its core values. It went hell for broke for capitalist style banking and almost went broke. The stores it owns nationally, like that in Ludlow, are badly run and struggle to compete with efficient stores like Tesco and Aldi. Now the Co-op’s group chief executive, Euan Sutherland has said that it can’t afford to pay a dividend. That’s a kick in the teeth for people who have stuck with the Co-op, even though it no longer offers the best quality or value in a town like Ludlow. Sutherland is outrageously encouraging people to spend more in the store though a discount scheme. If you spend £5 or more, you get a coupon worth 10% to spend by Christmas. If ever a scheme was designed to encourage people to spend beyond what they have, this is it….

Read more…

In May 2012, local supermarket group Harry Tuffins sold its stores to the Midcounties Co-operative Society. The Competition Commission was none too happy with the deal and some stores were transferred back to Tuffins. But Ludlow’s Foldgate store remains in Co-op hands. From Monday, you will be able to use your co-operative membership cards at Tuffins and accumulate points towards an annual dividend. That’s paid twice a year or you can donate it to charity. If you are not a member, you can sign up in the store right now or online.

Back to top