Vote of no confidence for Co-op Board.
As reported on the Co-operative News website, 15 March 2016…
In a special meeting on 10 March members of the Heart of England Co-operative voted for a motion of no confidence in the board. In September 2015 the society announced it would close all of its non-food retail offerings over the following 12 months. The meeting was called to discuss the recent closures of the department stores.
Around 300 members took part in the meeting, which also featured a presentation from the board. A motion to stop and review the store closures passed with 125 votes against 67 and a motion of no confidence in the board was also voted for by members, with 105 votes in favour and 67 against.
The society ran department stores in Nuneaton, Bedworth, Atherstone, Hinckley, Rugby and Leamington Spa. The closures were announced following an analysis of the society’s non-food operation as a whole, with the board deciding that the co-op should focus on profitable areas of the business.
Heart of England members call for halt of store closures
Staff also spoke at the meeting arguing they were surprised to learn about the store closures and felt they had not been properly consulted.