Sales up 7% over festive period for Lincolnshire Co-op

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Sales up 7% over festive period for Lincolnshire Co-op

The Christmas period precipitated strong trading at Lincolnshire Co-op with sales up 7% in the three weeks from 17 December to 6 January.

This, the company said, was down to customers “taking advantage extra dividend and a choice of seasonal locally-sourced products”.

In December, Lincolnshire Co-op paid out a dividend bonus of £1.9 million to its 280,000 members – on top of the £2.2 million collected during the year.

In that month, members used £1.3 million of dividend to pay for their shopping in food stores.

“We paid out our dividend bonus on December 1st and lots of our members decided to use dividend to treat themselves during the month,” said Chief Retail Officer Mark Finn.

“We also raised more than £70,000 during December for our Community Champions, local charities working to deliver social inclusion for the over 50s.”