Scotmid

Edinburgh-based retail cooperative Scotmid has disclosed the upcoming retirement of its longstanding chief executive, John Brodie, next year, coinciding with the announcement of a trading profits rise to £1.5 million, an increase of £400,000, for the 26 weeks concluding at the end of Jul

Scotmid Co-operative has appointed Craig Strachan as its new chief financial officer. Mr Strachan has been a familiar face within the Scotmid family for the past five years, originally founding The Start-Up Drinks Lab in 2017. During this venture, he built a strong rapport with former Scotmid CFO&nb

Scotmid Co-op has reported a solid financial performance despite a challenging year, with its trading profit amounting to £3 million, £2.7m down from the previous year.

The Scotmid Co-operative Society has reported a £10 million increase in its net assets in 2021, taking its assets to £112.7m. The society reported a £5.7m trading profit for the year ending 29 January 2022, compared to £6.4m for the year before.

The Alcoholic Water Company Ltd has secured a six-figure investment from Scotmid Coop and Scottish Enterprise. Launched in 2019, the company is a collaboration between Craig Strachan and Hannah Fisher, the founders of Glasgow-based innovation facility the Start-Up Drinks Lab and Drew Shannon an

Glasgow-based online product discovery platform Product Guru has secured funds of £330,000 to disrupt the traditional retail buying process by re-inventing how products end up on shelves. The investment of £230,000 from Scotmid Coop and Techstart VC, with a further £100,000 funding

Scotmid Co-op has posted strong half-year results as its turnover increased by £6.7 million to £197m.

Scotmid Co-op has posted strong full-year results with trading profits reaching £5.6 million compared to £5.3m last year. The announcement arrives amid the economic uncertainty of the coronavirus pandemic and in Scotmid’s 160th anniversary year.