Scotmid

The Scottish Midland Co-operative Society, trading as Scotmid Co-operative, is an independent retail consumers' co-operative that originated in the Central Belt, particularly Edinburgh and the Lothians. It was formed in 1981 by a merger of the Dalziell Society of Motherwell with the St. Cuthbert's Co-operative Society, which had been established in 1859. With over 5,000 staff, the chain now has nearly 200 supermarkets and five perfume shops in Scotland, nine Lakes & Dales food shops and over 140 Semichem health and beauty shops throughout Scotland, Northern Ireland and England[3]

Scottish Midland Co-operative Society Limited
TypeConsumer co-operative
IndustryRetail, Property, Funeral Services
Founded1859 (1859)
HeadquartersEdinburgh, Scotland, UK
Area served
Scotland, Northern Ireland, Northern England
Key people
  • Harry Cairney
  • John Brodie
Revenue£436.8 million GBP (2013)
+ £5.1 million (2008)[1]
+ £3.5 million before distributions (2008)[1]
Members237,000 (2008)[2]
Number of employees
5,200
Websitewww.scotmid.coop

Like most other retail consumers' co-operatives in the UK, Scotmid is incorporated as an industrial and provident society, regulated by the Financial Services Authority.[4]

In the year to 26 January 2019, Scotmid Co-op recorded turnover of £377.9m (£373.7m 2017/18) and a surplus or profit after tax of £4.5m (2017/18: £5.5m). The Society also had net debt of £29.4m (£32.7m 2017/18) including a £37m bank loan (£39m 2017/18). Scotmid also reported a £19.2m (£19.3m 2017/18) pension deficit. The Society's membership was 155,343 down from 268,125 in 2017/18. No share of the profits bonus was declared for members by the Board during the year. The Society operates a share option plan for all employees.[5]

Scotmid has a committee style governance structure, similar to The Co-operative Group prior to its own major governance reforms. Scotmid Board Directors are nominated by Regional Committee members and elected by members from the Regions they represent (if these positions are contested). Total director fees, bonuses and delegations were £142,000 in 2018/19 (£127,000 2017/18). Two directors received loyalty bonuses totalling £43,000 on leaving the Society's service during the year.

The highest paid Scotmid executive received between £480,000 and £490,000, excluding pension and other benefits in 2018/19.[6]

History
See also: History of the cooperative movement
According to Edinburgh City Council, the former co-operative building at the west end of Great Junction Street has a distinctive domed octagonal clock tower, forming a major landmark.[7]

In 1968, Leith Provident's[8] 1911 department store on Great Junction Street was still operating a then unusual overhead wire system that transported a customer's payment and dividend number from the sales assistant to the cashier, returning change and receipt.[9][10]

Relief sculpture at premises once owned by Leith Provident Co-operative Society Limited in Dalmeny Street, Edinburgh, from 1890

In 1995, Scotmid acquired the Scottish health and beauty retail chain Semi-Chem (since rebranded Semichem), followed in 1999 by the similar Northern Ireland business, Options.[11] Also in 1999, Scotmid merged with Prestonpans Co-operative Society.[12]

In 2000, Scotmid closed all 20 of its non-food department stores, which had made losses for five successive years.[13]

In 2003, Scotmid acquired Wakefield-based national distribution business, M & S Toiletries, which it sold in 2008 to Sert UK.[14][15]

In the early 21st century, Scotmid acquired several competing convenience shops in Scotland: Alldays, 64 SPAR shops and Morning, Noon & Night.

Scotmid added Dundas Fyfe funeral directors to its funeral operation in a reported £1 million buy-out deal. The head office moved from Fountainbridge, Edinburgh, where it had been since 1859, to a new purpose-built office near Newbridge.

The Fragrance House was founded by Scotmid in 2009. It specializes in perfume and by 2011 had five shops in Scotland with plans to expand to England and Northern Ireland.[16]

Morning, Noon & Night

Morning Noon & Night was a Scottish convenience shop chain set up in Dundee in 1991, by retailing executive Eddie Thompson (who became chairman of Dundee United in 2002.)

In 2004, Thompson sold the company to Scotmid for £30 million.[17]

This allowed Scotmid to add the 50 Morning, Noon & Night shops to its portfolio letting it expand into areas of Scotland, such as the Highlands, where it didn't previously have any shops.[18]

Scotmid store in Ballantrae, South Ayrshire in 2019

Botterills Convenience Stores

Botterills Convenience Stores was a Scottish convenience shop founded in Blantyre, South Lanarkshire in the 1950s by the Botterill family. Trading under the name of "Botterills of Blantyre" and latterly under the SPAR banner, it ranked 19th in The Grocers Top 50 independent grocery retailers.[19] Owner Jim Botterill sold his 51 shops to Scotmid in November 2010 for an undisclosed sum, enabling Scotmid to extend its territory south and west.[20]

Former Scotmid shop on Duke Street, Leith. Now owned by Tesco

Lakes & Dales Co-operative

In 2013 Scotmid merged with the Penrith Co-operative Society which had at the time of merger operated a department store and attached supermarket in Penrith, Cumbria and 7 small food shops in Cumbria and County Durham the Penrith shops are to be rebranded as the Lakes & Dales Co-operative. The first shop to be rebranded was the Lazonby branch. In early 2015 the non food departments of the Penrith shop were closed and in February 2016 the rest of the shop closed.

In 2015 Scotmid merged with the Northumbrian Seaton Valley Co-operative Society adding its shops to the Lakes & Dales chain.

See also

References
  1. "2008 Summary Report (for year ended 26 January 2008)" (PDF). Archived from the original (PDF) on 6 January 2009.
  2. "2008 Annual Report (for year ended 26 January 2008)" (PDF). Archived from the original (PDF) on 6 January 2009.
  3. "About Us". Scotmid. Retrieved 5 October 2010.
  4. Companies House Webcheck, Company No. SP2059RS, retrieved on 10 May 2008
  5. . Scotmid http://www.scotmid.coop/news-and-media/annual-reports. Retrieved 4 November 2019. Missing or empty |title= (help)
  6. . Scotmid http://www.scotmid.coop/news-and-media/annual-reports. Retrieved 4 November 2019. Missing or empty |title= (help)
  7. "LEITH CONSERVATION AREA CHARACTER APPRAISAL" (PDF). Edinburgh City Council. 18 April 2002. pp. 46–47 (with photograph). Archived from the original (PDF) on 10 August 2006. Retrieved 23 June 2008.
  8. Leith Provident Co-operative Society was founded in 1878 and merged with St Cuthbert's in 1975 http://www2.co-operative.com:8080/Ext_1/ShHistory.ns4/$WebSharebook/Leith?OpenDocument%5B%5D
  9. "Timeline". Leith Local History Society. Archived from the original on 30 April 2008. Retrieved 23 June 2008.
  10. "Sold on sales for bagging best bargains". Edinburgh Evening News via scotsman.com. 29 December 2007. Retrieved 23 June 2008.
  11. "History". Scotmid. Archived from the original on 21 November 2008. Retrieved 2 August 2008.
  12. "Prestonpans Co-operative Society Limited, number 97RS". Mutuals Public Register. FSA.
  13. Bevens, Nick (21 June 2000). "Jobs go as Scotmid axes non-food shops". Edinburgh Evening News. pp. B.1.
  14. "M&S Toiletries History". Scotmid.
  15. "M & S Toiletries Sold to Sert UK". Scotmid.
  16. "The Fragrance House". Scotmid. Retrieved 28 April 2011. We currently have five stores - in Dundee, Livingston, Glasgow, Aberdeen and Greenock ... plans are underway to open more stores in the right locations in Scotland, Northern Ireland and the north of England.
  17. "Dundee firm sold for £30 million". Evening Telegraph. 3 August 2004. Archived from the original on 15 August 2004.
  18. "Rival bags convenience shop deal". BBC News. 3 August 2004.
  19. "Loss of Botterills business forces CJ Lang to hit recruitment trail". The Grocer. 13 November 2010.
  20. "Scotmid acquire the Botterills family chain". The Grocer. 12 November 2010.
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