Newsletter Fall 2020
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 â€œsocial distancingâ€? has made a significant impact on business. Itâ€™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.
Meet Our Directors General Manager’s Report: Bruce Thurston
020 has brought it’s share of challenges to Legacy Co-op, but our management and staff have risen to the occasion. As essential services, all of our locations remained open during the pandemic. We have certainly taken every precaution we could during these difficult times. Hand sanitizer by the gallons, gloves, shields and other personal protective equipment to help keep our staff, our customers an our community safe. All of these precautions impact our business as we are limiting the number of people coming into our locations, and increasing the staff complement to keep up with the cleaning and sanitizing. Major suppliers are limiting the production of many of their items to their “best sellers” to keep up with the demand from folks staying home and making meals rather than being able to have a meal at their favourite restaurant. All of these things, and many others, have a negative impact on business and we anticipate that our year financially will be a tough one. After celebrating a record year last year for savings, 2020 will be much different. We still have a very strong balance sheet and we will get through this pandemic and come out fine in the end. We are still forging ahead with many of the projects that were planned prior to Covid-19, and these projects will enhance the offerings that Legacy Co-op has as well provide further financial strength and diversity. I look forward to sharing our successes in the future when we have the opportunity to gather again. www.legacyco-op.crs | email@example.com | 306.783.3601
he Board of Directors oversees governance of your local Co-op - it represents all members and guides management. Directors are democratically elected at the annual meeting and are selected according to our bylaws. Clark Anderson President Gene Krepakevich Vice-President Wade Karcha Secretary Doug Barber Director Kenneth Chyz Director Bruce Hansen Director Debbie Jones Director Bill Prybylski Director Cordell Schaan Director
Legacy Co-op Donations
egacy Co-op is very pleased to partner with the Yorkton Exhibition Association to secure the naming rights of the grandstand located on the exhibition grounds. The grandstand was built in 1914 and through the years has seen hundreds of thousands of people utilize it for various events. Legacy Co-op has donated $50,000 to the Yorkton Exhibition Association which will allow the naming rights for the grandstands for a period of 5 years, starting in 2021 when the renovations should be completed.
The Yorkton Food Centre is getting bigger! An additional 3,800 square feet are being added to the food store for the new Beer, Spirits and Wine Store and additional office space. The new liquor store will carry a full line of the most popular beers and wines from around the world, spirits, and ancillary products. Complete with a growler bar and a tasting station, this facility will provide you with ample parking and the convenience of one stop shopping. This new facility is anticipated to be open before the end of the year.
Debbie Jones Debbie is the owner and operator of local Yorkton boutique store, The Plum Tree. Since 2013, Debbie and her team have focused on being, “Your special store of Gifts & Decor”, with customer service of the utmost importance, something The Plum Tree is well-known for, bringing customers from across Canada every year.
Thank you for your patience!
Debbie brings her passion for customer service to the board along with a wealth of experience and knowledge in the local marketplace and business.
Doug Barber With over 35 years experience in private business Doug brings unique knowledge as GM of a company with interests in the manufacturing and retail sectors, building sustainable enterprises in some of the most remote and demanding locations in Canada. After many years of expanding business interests, Yorkton became home and the ideal place to not just do business but also retire. Doug hopes to bring a constructive prospective to the Legacy Co-op board as it endeavours to flourish and grow in an ever changing and challenging business environment.
The Churchbridge Food Store will be going through a major upgrade over the next several months. The upgrade will include some new refrigeration, updated interior and exterior décor, new flooring, new bakery and produce fixtures, new lighting and a new compressor rack. This upgrade will be completed by Timco Construction, the same company that built the food store in 1994. We look forward to being able to provide a new shopping experience for our members in the Churchbridge area.
www.legacyco-op.crs | firstname.lastname@example.org | 306.783.3601
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Congratulations to "WIN YOUR FILL” contest winners Malcolm Berrecloth and Denise Lucas from Yorkton and Greg Koenig from Churchbridge. Each winner received $2,000 in Gas Gift Cards. Congratulations to Lisa Neill, winner of a BBQ in our "Win It, Fill It, Grill It" Contest.
Do you want quick and easy access to our flyer? There are 3 easy ways to view our flyers. Our app also has coupons to save you even more. Check it out today!
Co-op is a different kind of business – we’re truly local. Your local Co-op was built by you and built for you. Each Co-op in Western Canada is independent, so it offers the products and services needed by the communities it serves.
By shopping at Legacy Co-op, you build your equity in Legacy Co-op. You are an owner and share in the profits of the Co-op. The more you spend, the more you earn. Every year the Board of Directors makes an allocation from the earnings of the Co-op, and makes a cash payment, in April/May after the audited statement is complete. Visit any one of our locations in Theodore, Kamsack, Churchbridge, Ebenezer or Yorkton for more information.
For more information, please contact: Box 5025 Yorkton, SK S3N 3Z4 PHONE: (306) 783-3601 FAX: (306) 786-6090 EMAIL: email@example.com
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www.legacyco-op.crs | firstname.lastname@example.org | 306.783.3601
The latest news and information about the Legacy Co-operative Association.