The Co-operative Group

BC-based co-op, Propolis Cooperative Housing Society purchases first property to introduce affordable and sustainable housing development in Kamloops

Retrieved on: 
Wednesday, April 3, 2024

All residential units will operate as non-profit cooperative housing and are targeted to be priced at 80% of CMHC’s median market rents in Kamloops.

Key Points: 
  • All residential units will operate as non-profit cooperative housing and are targeted to be priced at 80% of CMHC’s median market rents in Kamloops.
  • To acquire the property, Propolis secured a combination of financing from community bonds as well as impact and investment funds.
  • I think that the Propolis Cooperative Housing Society provides a model for what can be done in this and other cities."
  • Propolis is purchasing the parcel for $1 in exchange for an agreement to operate affordable cooperative housing on the site.

REI Co-op adventure travel adds 10 new trips to meet demand for most popular destinations and buys property near Grand Canyon to build signature camp

Retrieved on: 
Thursday, February 22, 2024

SEATTLE, Feb. 22, 2024 /PRNewswire/ -- Leading adventure travel operator REI Co-op added 10 trips as part of its expansion to meet demand of its most popular destinations and introduced new itineraries to California's wine country, Maine's 100-Mile Wilderness, the Pacific Northwest and more. At the same time, REI purchased 20 acres near the Grand Canyon to build its latest signature camp, which will open in spring 2025.

Key Points: 
  • At the same time, REI purchased 20 acres near the Grand Canyon to build its latest signature camp, which will open in spring 2025.
  • Each REI adventure trip is an immersive experience that our guests will remember for a lifetime," said Mark Seidl, divisional vice president of REI Experiences.
  • "Our expansion reflects the trust instilled in our brand to offer unmatched small group adventure travel from coast to coast."
  • Last year, REI doubled the size of its Bryce Canyon National Park signature camp to meet ongoing demand of its popular trips in the park.

ACI Worldwide To Power Payments for U.K. Retailer Co-op in Cloud

Retrieved on: 
Thursday, January 11, 2024

ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, real-time payments software , today announced that leading U.K. retailer Co-op has successfully moved its full stack of payments and fraud prevention technology software into ACI’s multi-tenant cloud platform hosted in Microsoft Azure.

Key Points: 
  • ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, real-time payments software , today announced that leading U.K. retailer Co-op has successfully moved its full stack of payments and fraud prevention technology software into ACI’s multi-tenant cloud platform hosted in Microsoft Azure.
  • As a strategic technology partner of ACI Worldwide, Co-op uses the full range of solutions offered by ACI Payments Orchestration Platform , including in-store, online and mobile payment processing and end-to-end payments and fraud management.
  • Moving its payments software into the cloud will enable Co-op to operate more efficiently, providing scalability, security and enhanced data protection.
  • The migration, which has been completed successfully, follows ACI’s announcement of an expanded multi-year strategic alliance with Microsoft to deliver payment solutions in the cloud.

REI Co-op to open 10 stores in 2024 to better serve outdoor communities

Retrieved on: 
Wednesday, January 10, 2024

SEATTLE, Jan. 10, 2024 /PRNewswire/ -- Specialty outdoor retailer REI Co-op announced expansion plans to open 10 new stores in 2024 to better serve its members and outdoor community. Locations have been finalized for summer 2024 openings in Glendale, Arizona and Rancho Mirage, California. A store in St. George, Utah will open in fall 2025.

Key Points: 
  • Retailer expands to Glendale, Arizona and Rancho Mirage, California in summer 2024 and St. George, Utah in fall 2025
    SEATTLE, Jan. 10, 2024 /PRNewswire/ -- Specialty outdoor retailer REI Co-op announced expansion plans to open 10 new stores in 2024 to better serve its members and outdoor community.
  • REI will open 10 stores in 2024, including:
    The co-op will announce details of three additional stores opening this year as contracts are finalized.
  • As a community-supported nonprofit, the REI Fund is fueled by donations from REI members, customers, employees, foundations and corporate partners – including REI Co-op.
  • Of that total, more than 200 of the grantees were local organizations championed by REI employees who work in-store.

TiNDLE Chicken Debuts in Switzerland at Coop Supermarkets

Retrieved on: 
Tuesday, January 9, 2024

BASEL, Switzerland, Jan. 9, 2024 /PRNewswire/ -- TiNDLE Foods announces the retail debut of TiNDLE Chicken in Switzerland this month, exclusively available at 440 Coop supermarkets nationwide. Marking the first time that TiNDLE Chicken is sold in Switzerland, the popular plant-based brand is offering some of its most sought-after products in Coop stores and through its online delivery platform, including TiNDLE Burgers, Crispy Fillets, Nuggets, and Wings.

Key Points: 
  • In time for the annual Veganuary challenge, the global food brand introduces its popular plant-based chicken products in Switzerland
    BASEL, Switzerland, Jan. 9, 2024 /PRNewswire/ -- TiNDLE Foods announces the retail debut of TiNDLE Chicken in Switzerland this month, exclusively available at 440 Coop supermarkets nationwide.
  • Marking the first time that TiNDLE Chicken is sold in Switzerland, the popular plant-based brand is offering some of its most sought-after products in Coop stores and through its online delivery platform, including TiNDLE Burgers, Crispy Fillets, Nuggets, and Wings.
  • Widely known in Switzerland for its long history of high-quality products and premier shopping experiences, the Coop Group operates the largest supermarket chains in the country.
  • To learn more about TiNDLE Chicken and where to find it in Switzerland, visit www.tindle.com or follow on Instagram .

LEADING DIRECT-TO-CONSUMER SPORTS PLATFORM, HANG, RAISES $9.2M SERIES A ROUND

Retrieved on: 
Monday, November 27, 2023

NEW YORK, Nov. 27, 2023 /PRNewswire/ -- Hang Media, Inc., whose award-winning HANG platform (letshang.live) has drawn more than 22 million young viewers to interactively experience sports events alongside current players, all-time greats, and celebrities, has completed a $9.2 million Series A funding round. HANG will use the proceeds to accelerate product development and audience growth, expanding its leadership position in the rapidly growing direct-to-consumer sports media category.

Key Points: 
  • HANG will use the proceeds to accelerate product development and audience growth, expanding its leadership position in the rapidly growing direct-to-consumer sports media category.
  • The financing was led by The Operating Group, a holding company run by media, technology and finance executive Ken Cron.
  • Emergetic, LLC partners Mark Lieberman and Ron Frankel advised Hang Media on the transaction.
  • "We are excited to partner with the amazing HANG team," said Ken Cron, CEO of The Operating Group.

REI Co-op to open in Albany, New York in fall 2024

Retrieved on: 
Thursday, November 16, 2023

SEATTLE, Nov. 16, 2023 /PRNewswire/ -- Specialty outdoor retailer REI Co-op will open in Albany, New York in fall 2024. The store will offer a wide assortment of apparel, gear and expertise for camping, cycling, running, fitness, hiking, paddling, climbing, snow sports and more. In addition, certified mechanics will tune and repair equipment through a full-service bike, ski and snowboard shop. REI Albany will be the co-op's sixth store in the state, following a new location in Ithaca that will open next summer. 

Key Points: 
  • New store will be the sixth location in New York, following Ithaca opening next summer
    SEATTLE, Nov. 16, 2023 /PRNewswire/ -- Specialty outdoor retailer REI Co-op will open in Albany, New York in fall 2024.
  • REI Albany will be the co-op's sixth store in the state, following a new location in Ithaca that will open next summer.
  • "We've long recognized the opportunity to serve REI members and the broader outdoor community in the Capital Region," said Sonny Russell, REI regional director.
  • As a community-supported nonprofit, the REI Fund is fueled by donations from REI members, customers, employees, foundations and corporate partners – including REI Co-op.

BROWARD COUNTY 2023 SOLAR CO-OP selects GO SOLAR POWER, a Service Experts Company, to serve group

Retrieved on: 
Monday, November 6, 2023

Fort Lauderdale, FL, Nov. 06, 2023 (GLOBE NEWSWIRE) -- The Broward County 2023 Solar Co-op has selected Go Solar Power to install solar panels for the 96-member group.

Key Points: 
  • Fort Lauderdale, FL, Nov. 06, 2023 (GLOBE NEWSWIRE) -- The Broward County 2023 Solar Co-op has selected Go Solar Power to install solar panels for the 96-member group.
  • “Go Solar Power wants all homeowners to access solar energy with battery storage,” said Court Weisleder, President of Go Solar Power.
  • “Solar energy saves money with a lower cost than utilities while doing the right thing for the environment.”
    Solar United Neighbors expands access to solar by educating Broward County residents about the benefits of distributed solar energy, helping them organize group solar installations, and strengthening local solar policies and its community of solar supporters.
  • By going solar as a group and choosing a single installer, members can save on the cost of going solar and have the support of fellow group members and solar experts at Solar United Neighbors.

Planet’s appointment of Eric Heurtaux as CFO reinforces its ambition to become an integrated payments and software leader

Retrieved on: 
Tuesday, October 31, 2023

Planet , a global software, payment, and technology solutions firm, has announced the appointment of Eric Heurtaux as its new Chief Financial Officer (CFO).

Key Points: 
  • Planet , a global software, payment, and technology solutions firm, has announced the appointment of Eric Heurtaux as its new Chief Financial Officer (CFO).
  • Heurtaux brings a strong track record in scaling fast-growing payments, software and technology businesses, most recently in his role as CFO at Mirakl.
  • Prior to that, Eric served as CFO and a member of the Executive Committee at Worldline and before then as CFO for Atos Big Data & Security.
  • We’re on a collective journey to disrupt the industry and become a leader in integrated software and payments.

REI Co-op to open in Beavercreek, Ohio in spring 2024

Retrieved on: 
Monday, October 30, 2023

SEATTLE, Oct. 30, 2023 /PRNewswire/ -- Specialty outdoor retailer REI Co-op will open in Beavercreek, Ohio in spring 2024. The store will offer a wide assortment of apparel, gear and expertise for camping, cycling, running, fitness, hiking, paddling, climbing, snow sports and more. In addition, certified mechanics will tune and repair equipment through a full-service bike, ski and snowboard shop.

Key Points: 
  • SEATTLE, Oct. 30, 2023 /PRNewswire/ -- Specialty outdoor retailer REI Co-op will open in Beavercreek, Ohio in spring 2024.
  • Store will serve 28,000 REI members in region and be fifth location in state.
  • Even before we open our doors in Beavercreek, we have served 28,000 REI members who have traveled up to an hour to visit our stores in Cincinnati and Columbus," said Sean Sampson, REI regional director.
  • REI store teams also can recommend local nonprofits to receive support from the REI Fund.