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Co-op Activities : VIC Last Updated: Nov 28, 2009 - 10:00:09 AM  RSS feed

Warrnambool Co-op Annual Report
By David Griffiths
Aug 8, 2007 - 6:44:28 PM

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The retailer Warrnambool Co-operative Society Limited in Victoria has experienced a A$1.145 million loss in the last financial year - the largest in its 47 year history.

This is the fourth consecutive loss and from 1 October 2007 the co-operative will be discontinuing its 4% discount scheme.

It was about five months ago that the co-operative opened a new multi-million dollar rural and hardware store.

Source: Crisis at the Co-op by Greg Best, Warrnambool Standard, 8 August 2007

Warrnambool Co-operative Society Limited
http://www.theco-op.com.au/







© Copyright 2007 by Victoria Coop News

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