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Lincolnshire Co-operative
Lincolnshire Co-op is an independent consumer co-operative which operates in Lincolnshire, and surrounding counties. The society has over 220 outlets with its principal trading activity being its food stores, funeral homes, florist and crematorium, travel agencies, post offices and pharmacies.[1] The Society is owned by over 295,000 members holding Lincolnshire Co-op dividend cards,[2] equal to approximately one quarter of the population of Greater Lincolnshire.[3] The society also owns Gadsby's bakery which is based in Southwell, Nottinghamshire. As a co-operative, it divides all its profits within its members. Ways of doing this include paying dividend and a dividend bonus at the end of the year, investing in new and improved services and supporting community groups and charities. Since Lincolnshire County Council closed a number of libraries across the county, Lincolnshire Co-op has operated three libraries to support communities.[4] In the last full year of trading, 2021/22, Lincolnshire Co-op recorded sales of £399m and a trading surplus of £16.6m, while its society membership was 296,077.[5] AboutCommunity Champions
Investors in People
To help staff develop, employees can undertake a Foundation Degree in Business Management. The two year qualification was designed specifically for Lincolnshire Co-op by the University of Lincoln and is delivered by trainers from the Society and academics from the University. HistoryLincolnshire Co-operative was founded as Lincoln Co-operative Society in 1861, inspired by Gainsborough joiner Thomas Parker. Trading began at 1 Napoleon Place, Lincoln, in September 1861. By the end of the first quarter, there were 74 members and the dividend was 9d. Now there are around 296,000 members.[7] When the Society reached its 150th birthday in 2011, it celebrated with a year of special events including a ‘Big Birthday Bash’ playing host to Lulu and indie rock band Scouting For Girls. It renovated a 1970s ‘birthday bus’ and an exhibition was held at The Museum of Lincolnshire Life, showcasing the Society’s eventful history and a memory book, where members had shared comments about their Co-op from over the years. Over half a million pounds was also donated to local good causes through the ‘Big Birthday Awards’.[8] TradingGrocery retailThe Society operates food stores.[9] All of the stores sell a range of locally sourced produce called ‘Love Local’[10] which is made up of items from the local area. Products include Lincolnshire Poacher cheese made in Alford and Pipers Crisps made in Brigg. FoodserviceThe Love Local range includes a selection of baked goods including bread, cakes and Lincolnshire treats like plum bread made by the Society’s own bakery called Gadsby’s[11] based near Newark. Lincolnshire Co-op also operate a coffee shop business.[12] PharmacyThe Society runs pharmacies[13] that dispense and deliver prescriptions. All of the outlets have consultation rooms where people can have private advice from pharmacists and trained advisors. They offer a range of services including sexual health checks and blood pressure tests. Funeral servicesFuneral services[14] are another part of Lincolnshire Co-op’s family of businesses. It has provided the service for over 125 years. It offers a complete funeral arrangement service, funeral plans, and links clients to a bereavement counselling service. In November 2013, Lincolnshire Co-op opened South Lincolnshire Crematorium,[15] a community facility available for ceremonies organised by all local funeral directors. It includes a memorial garden, a flower court and a chapel that seats 100 people. In addition, the division includes a memorial mason.[16] Travel agencyThe Society has travel branches[17] which provide a wide range of services from holiday bookings to insurance, car hire, currency, car parking and more. Many branches also offer specialist extras like cruise, wedding and ski experts. Property, post offices, filling stations and floristLincolnshire Co-op also has a commercial property arm[18] and runs post offices,[19] filling stations,[20] and a florist.[21] SubsidiariesThe following trading companies are fully owned subsidiary undertakings of the parent society:
See alsoReferences
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