Lincolnshire Co-operative
 |
|
| Consumer Co-operative | |
| Industry | Retail |
| Founded | 1861 |
| Headquarters | Stanley Bett House 15-23 Tentercroft Street Lincoln LN5 7DB |
|
Key people
|
[Stuart Parker: President], Ursula Lidbetter: Chief Executive |
| Services | Food Stores, Pharmacy, Funeral Services, Florist, Travel Agent, Bakery, Coffee Shop, Post Office, Property Services |
 £301 million |
|
| Members | 260,000 |
|
Number of employees
|
2,900 |
| Website | www.lincolnshire.coop |
The Lincolnshire Co-operative is an independent consumer co-operative which operates in Lincolnshire and the surrounding counties, United Kingdom. The society has over 215 outlets with its principal trading activity being its food stores, funeral homes, travel agencies, florists and pharmacies. The Society is owned by over 260,000 members who hold Lincolnshire Co-op dividend cards, equal to approximately one quarter of the population of Greater Lincolnshire. The society also owns the Gadsby's bakery which is based in Southwell, Nottinghamshire.
As a co-operative, it shares all its profits with 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 as part of its commitment to supporting communities.
In the last full year of trading, 2015/16, Lincolnshire Co-op recorded sales of £301m and profit of £20m The society was able to pay its members a total of £3.5m in dividend and dividend bonus during the year.
Community Champions
In 2013, the Society set up the Community Champions scheme which sees every member linked to a good cause near to where they live. Every time they shop with the Society, a donation goes to that good cause. In its first year, the scheme had already given away £192,750 to local causes. Community Champions change every three months and members' can also choose to support their own good cause all year round. Donations have included over £86,000 for healrth charities Rethink and Headway and more than £81,000 for local wildlife trusts.
Investors in People
Lincolnshire Co-op was re-accredited as a Gold Standard employer in 2014 by Investors In People – a prestigious title shared by only 1 per cent of employers. This quality standard recognises commitment to developing staff by meeting rigorous requirements.
Staff Development
The Society runs an apprentice scheme with a number of apprentices working in areas including food retail and pharmacy.
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.
...
Wikipedia