When our business does well, so do our members.
You earn your Share of the Profits points by using your Southern Co-op membership card when you spend in a Southern Co-op food store. So it’s really important to remember to scan your card every time you spend in-store; whether it’s your plastic card, or digital card on your smartphone using our Member App.
Share of the Profits is fundamentally different to loyalty schemes that other retailers offer, it’s a share of profits from the prior financial year based on business performance. Our Board of Directors consider the actual financial results after year end. Our financial results are subject to an audit process which completes at the end of April each year. It’s after this point that the Board determine what distributions are appropriate and affordable. When the Board considers a distribution could be made, this is put forward to members to vote on at the AGM (usually May) and vouchers are distributed the following month.
How you get your Share of the Profits.
You’ll receive your Share of the Profits payout as vouchers which can be spent in our food stores.
If you have any questions email Member Support at [email protected].
