This article contains promotional content. (March 2023) |
Company type | Consumer Co-operative |
---|---|
Industry | Retail |
Founded | 1861 |
Headquarters | Stanley Bett House 15-23 Tentercroft Street Lincoln LN5 7DB |
Key people | David Cowell: Chair, Nicola Berry: President, Alison Hands: Chief Executive |
Services | Food Stores, Pharmacy, Funeral Services, Florist, Travel Agent, Bakery, Coffee Shop, Post Office, Property Services |
Revenue | £399m (21/22) |
Members | 296,077 (21/22) |
Number of employees | 2,870 (20/21) |
Website | www.lincolnshire.coop |
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]