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Lincolnshire Co-operative

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Lincolnshire Co-operative Limited
Company typeConsumer Co-operative
IndustryRetail
Founded1861
HeadquartersStanley Bett House
15-23 Tentercroft Street
Lincoln LN5 7DB
Key people
David Cowell: Chair, Nicola Berry: President, Alison Hands: Chief Executive
ServicesFood Stores, Pharmacy, Funeral Services, Florist, Travel Agent, Bakery, Coffee Shop, Post Office, Property Services
RevenueIncrease £399m (21/22)
Members296,077 (21/22)
Number of employees
2,870 (20/21)
Websitewww.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]

About

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Community Champions
In 2013, the Society set up the Community Champions scheme that sees every member linked to a good cause near to where they live.[6] Every time they shop with the Society, a donation goes to their linked good cause. In its first year, the scheme had already given away £192,750 to local causes. Community Champions change every three months and reflect a different area of the community every quarter.[6] Donations have included over £221,275,000 for local school breakfast clubs, £150,381 for local life-saving resources and charities and £134,722 for Breast Cancer Now.

Investors in People
Lincolnshire Co-op achieved Investors in People Platinum Investors In People – a prestigious title shared by only two per cent of IIP employers.

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.

History

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See also: History of the cooperative movement

Lincolnshire 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]

Trading

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Grocery retail

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The 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.

Foodservice

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The 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]

Pharmacy

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The 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 services

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Funeral 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 agency

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The 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 florist

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Lincolnshire Co-op also has a commercial property arm[18] and runs post offices,[19] filling stations,[20] and a florist.[21]

Subsidiaries

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The following trading companies are fully owned subsidiary undertakings of the parent society:

  • Lincoln Co-operative Chemists Ltd.[22]
  • LCS Retail Limited[23]
  • Lincoln Shop Equipment Ltd.[24]
  • LCS Property Limited[25]
  • Lincoln Corn Exchange and Markets (1991) Ltd.[26]
  • F Maltby & Sons Ltd[27]
  • Gadsby’s of Southwell Ltd.
  • Greetwell Developments Ltd.
  • Ellcee Limited

See also

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References

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  1. ^ Registered in England and Wales under the Companies Act 2014, No. 141R
  2. ^ "Lincolnshire Co-op welcomes its 250,000th member". 13 January 2016.
  3. ^ "Economy Report 2016 - Co-op Economy Report 2016". reports.uk.coop. Retrieved 22 September 2018.
  4. ^ "Supporting community libraries - Lincolnshire Co-op". www.lincolnshire.coop. Retrieved 22 September 2018.
  5. ^ "Financial reports". www.lincolnshire.coop. Retrieved 31 October 2019.
  6. ^ a b "Community - Lincolnshire Co-op. Community Champions". www.lincolnshire.coop. Archived from the original on 2015-03-15. Retrieved 22 September 2018.
  7. ^ "Community - Lincolnshire Co-op. Lincolnshire Co-op's history". www.lincolnshire.coop. Archived from the original on 2015-03-15. Retrieved 22 September 2018.
  8. ^ "Community - Lincolnshire Co-op. Our 150th birthday year". www.lincolnshire.coop. Archived from the original on 2014-03-20. Retrieved 22 September 2018.
  9. ^ "Food". www.lincolnshire.coop. Retrieved 22 September 2018.
  10. ^ "Love Local | Lincolnshire Co-operative". www.lincolnshire.coop. Archived from the original on 2014-03-20.
  11. ^ "Contact Gadsby's Bakery | Gadsby's Bakery". www.gadsbysbakery.co.uk. Archived from the original on 2017-04-16.
  12. ^ "Store finder". www.lincolnshire.coop. Retrieved 22 September 2018.
  13. ^ "Pharmacy". www.lincolnshire.coop. Retrieved 22 September 2018.
  14. ^ "Funeral services - Funeral directors in Lincolnshire". www.lincolnshire.coop. Retrieved 22 September 2018.
  15. ^ "South Lincolnshire Crematorium". www.lincolnshire.coop. Archived from the original on 2016-01-02.
  16. ^ "Memorials". Archived from the original on 2016-03-04. Retrieved 2015-09-16.
  17. ^ "Travel". www.lincolnshire.coop. Retrieved 22 September 2018.
  18. ^ "Lincolnshire Co-op Property | Residential, Commercial & Industrial".
  19. ^ "Lincolnshire Co-op post offices". www.lincolnshire.coop. Retrieved 22 September 2018.
  20. ^ "Filling stations". www.lincolnshire.coop. Archived from the original on 2015-12-30.
  21. ^ "Florist". www.lincolnshire.coop. Retrieved 22 September 2018.
  22. ^ Registered in England and Wales No. 13706R
  23. ^ Registered in England and Wales No. 3171397
  24. ^ Registered in England and Wales No. 603782
  25. ^ Registered in England and Wales No. 25275R
  26. ^ Registered in England and Wales No. 2552242
  27. ^ Registered in England and Wales No 463734
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