The ‘divi’ returns to Glossop Co-op
Spotted on the Glossop website this week was news that as a result of last years merger between the United Co-op and the Co-operative Group, the ‘divi’ will return to Glossop Co-op Superstore on Norfolk Street.
The Co-operative movement, which was founded in Rochdale in 1844, dropped its profit-share dividend in the 1970s when it introduced trading stamps, but announced a new cash dividend scheme which would apply not only to the group’s stores but its bank, insurance company, pharmacies, travel agents and undertakers.
Anyone can become a member of the Co-op as long as they believe in what the Co-operative movement stands for and shop with at least one of our businesses. All you have to do is invest £1 or more, which can be collected from your first share of the profits. Fore more information on joining the Co-operative Group Click here