Legacy
Newsletter Fall 2020
Legacy
Celebrating 80 Years In 1940, a small group of Yorkton residents incorporated the Yorkton Co-operative Association Limited, for the purpose of livestock marketing. Those early members soon realized that they could get greater purchasing power by buying as a group.
Message from the President of the Board - Clark Anderson
2020 has been a year of change! Certainly what is going on in the world has changed the way we move around, interact with others and conduct business. New cleaning and sanitizing protocols, directional shopping and limited shoppers along with a new term called “social distancing� has made a significant impact on business. It’s a new way of life that everyone will have to get used to. There is a challenge within Legacy Co-op as well. As a Board, it is our responsibility to seek out opportunities to grow our business. In this ever competing world of corporate entities, Legacy Co-op has thrived to become one of the Top 100 Businesses in Saskatchewan. We have been included in this list for many years now and we have been climbing closer to the top of the list. The amalgamation with Churchbridge Co-op in February of 2019 has gone well, with Legacy Co-op seeing many benefits identified in the study prior to the amalgamation. You will read later in this edition about the upgrades planned for the Churchbridge Food Store. Gene Krepakevich, who is celebrating more than 40 years on the Board of Directors has stepped into a mentorship role in 2020. His leadership skills as Board President for more than 25 years will be shared with me and I look forward to leading Legacy Co-op into the next phase of the business.
We Are: Legacy Co-op
By the end of the first fiscal year, the Co-op was delivering fuel in drums to 70 members, and had accumulated $347 in capital. The net profit in that first year was $101. Over the years, the Co-op has expanded into other commodities and a wider trading area through a series of amalgamations with other retail co-ops. From this humble beginning, Legacy Co-op has grown into one of the largest and most successful businesses in east central Saskatchewan. Its annual sales volume has placed it on the list of Saskatchewan's top 100 companies for many years. Member-owners have ensured the continuation and growth of the Legacy Co-op by patronizing its services and participating in its activities. Today, the Co-op boasts annual sales over $90 million, and 15,000 members.