Coronavirus Puts Coop in Financial Squeeze
By Leila Darabi
The Covid-19 crisis has put the Coop in a financial squeeze as sales have nosedived and labor costs have increased due to new safety procedures.
The details of that squeeze and the Coop’s strategy for dealing with it were explained on April 1 by Coop co-founder and general manager Joe Holtz in an interview with the Gazette. He also talked about supply lines, safety procedures and the pressure the pandemic is putting on the staff.More