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Corporate Responsibility

…economic involvement has remained level at 16% using the data from an independent exit survey carried out by Why Research at a sample of our stores selected from locations across our geographical area. We also ask for customers to give online feedback and from October 2016 we have been asking if the customers providing the feedback have been members. 17% of the responses have stated that they are members which is in line with the percentage via th…

Annual Results 2013

…iness improvement initiatives, support from our loyal customer base and an encouraging festive period. Scotmid also continues to enjoy a strong balance sheet of £94m even after absorbing an increased pension deficit. John Brodie, Chief Executive of Scotmid said, “In difficult economic conditions this is a positive result from Scotmid especially when we were faced with a reduction in the rate of Co-op Dividend (supplier rebate) received, poor…

Continuous Improvement Drives Positive Scotmid Results

…is positive result, driven by strong sales figures from Scotmid’s food convenience business during the summer, was achieved in a period when the Society again faced into significant external cost increases plus the added uncertainty surrounding Brexit. The society, which is scheduled to celebrate its 160-year anniversary in November, also confirmed the value of its net assets had risen to its highest ever level. John Brodie, Chief Executive of Sco…

Stronger Second Half Moves Scotmid Ahead

…tegy and the delivery of innovation initiatives in Scotmid’s community convenience stores. “Successful initiatives in the food business included bakery, new food-to-go lines and the improving range from our buying group FRTS which helped to offset the impact of food price deflation and increased competition. Semichem made good progress driven by sales growth in fragrance and new private label ranges. “Scotmid Property enjoyed another year of growt…

Scotmid Promotes Fair Tax Mark At Holyrood

…er this week – highlighting the Society’s support of the Fair Tax Mark and encouraging other Scottish businesses to follow suit as part of Fair Tax Fortnight. The Fair Tax Mark is an accreditation scheme growing in demand as businesses recognise the benefit of being able to demonstrate their commitment to fair tax practices. In July 2016, Scotmid became the 21st organisation to be awarded the Fair Tax Mark, the UK’s only certification for business…

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