Following a decision by the Co-op Board, members will not receive a rebate this year.

Instead, it will be reinvested back into the organisation.

Citing the significant investment in the re-development project, coupled with a tough retail environment creating a challenge to lease tenancies are said to be among the contributing factors.

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The Co-op will continue to offer an array of other membership benefits including member only specials.

Historically, the rebate has been paid to members based on surpluses generated from business operations.

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