FREQUENTLY ASKED QUESTIONS

When is the next meeting of the Owners?

How many people may share an ownership?

What will the Owner investments be used for?

Do seniors still get any special treatment?

Do I have to be an Owner to shop at Basics?

 

When is the next meeting of the Owners?

An annual Owner meeting and dinner is held each June. Details are announced in The Scoop store newsletter, to email subscribers and at Customer Service in the months leading up to the meeting.

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How many people may share an Ownership?

Ownership rights will be conferred to the one person whose name and signature appears on the Ownership Application, but others who live in the Owner’s household – one additional adult and unlimited children- are welcome to take advantage of the Owner discounts.

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What will the Owner investments be used for?

Like any capital investment, the owner investments will be used for the capital needs of the store. Initially, these investments were used to purchase the Basics business, but in the future, these assets likely will be used to make improvements at Basics. If you are an Owner of Basics, you will be able to participate in the decisions of how to use the member investments.

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Do seniors still get any special treatment?

You bet! Every Tuesday is Senior Day at Basics, with 5% off regular-priced items for everyone 65 & Wiser. However, unless they become Owners, seniors will not have access to any of the the other benefits of Ownership.

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Do I have to be an Owner to shop at Basics?

No! Owners get much better treatment, though, Owning and controlling the store, receiving multiple special discounts and being able to participate in all that Basics Cooperative has to offer.

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