After more than three decades at Scotmid, and almost 20 as chief executive, John Brodie CA has retired. Mr Brodie is a Chartered Accountant who worked in an Accountancy Practice before joining the Society in 1993 as chief financial officer. He was appointed acting CEO in 2004 and CEO in February 200
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.