Skye charities and community groups could be in line for huge cash windfalls with the return of the “divi”.
For the island’s three Co-op stores are to re-introduce a new membership benefits scheme later this year which will not only bring cash rewards for customers but also potentially major extra funding for local causes.
Under the reward scheme – set to be introduced in the autumn - members will receive a 5% reward for any purchases they make of Co-op own brand products and services.
However, a further 1% will then go to benefiting local causes and projects under the community reward initiative. Initially members will choose from a list of three selected by staff on Skye, but later they will be able to propose local causes they think should benefit.
Although no exact figure has been put on the money which will be available to Skye causes, there is speculation amongst local staff that between them the three Co-op stores on the island, two in Portree and the other at Broadford, could generate a five figure sum annually to benefit charity and community groups.
This move, says the Co-op, shows their commitment to place membership and community firmly at the heart of its business again and build on the clear momentum already being seen across its family of businesses in Food, Funerals, Insurance, Electrical and Legal Services.
To mark the launch of these new member benefits the Co-op has also announced a return to its iconic blue clover-leaf logo, which will be rolled-out across its entire business over the next few years.
A Spokesperson for the Co-op, said: Our new Co-op look represents all that we stand for, our proud co-operative heritage and our decision that membership, the very thing that makes us truly distinctive, must be at the heart of all we say and do.
“The Co-op’s blue design logo – often referred to as the ‘clover leaf’ and first used in the late 1960’s – links to a time when people really understood how they could be co-owners of their Co-op, and how a strong Co-op could help to create strong communities.”