EAST of England Co-op, the UK's fourth largest independent society, has boosted its trading profit by five per cent to more than £ 9 million.
New stores, acquisitions, refurbishments and extensions have each been a feature of the period under review as the society's £ 40 million development programme continues. Assets are at a new record level of £ 240 million for the year ended January 27th.
In the first full financial year since the merger between Ipswich & Norwich and Colchester & East Essex societies created East of England Society, a dividend of £ 4 million has been allocated to members.
The society say this equates to more than double the 'reward' offered by typical customer loyalty schemes operated by major food retailers.
East of England boosts profit margin
EAST of England Co-op, the UK's fourth largest independent society, has boosted its trading profit by five per cent to more than £ 9 million. New stores, acquisitions,...
EAST of England Co-op, the UK's fourth largest independent society, has boosted its trading profit by five per cent to more than £ 9 million.
New stores, acquisitions, refurbishments and extensions have each been a feature of the period under review as the society's £ 40 million deve
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