The Harvard Cooperative Society this week began distributing a record-breaking amount in rebates to members from last year's purchases.
The Coop's 8.2 per cent rebate represents a .2 per cent increase from the 1975-76 rate. The store is redistributing roughly $1.4 million to a total of about 68,500 customers.
The rebate represents the net profit after expenses during the fiscal year. Coop sales last year exceeded $28.4 million, Louise Lawrie, Coop assistant general sales manager, said yesterday.
This year there were 452 rebates of more than $100 and the highest check this year is for $354, Lawrie said.
Rebates have been rising steadily during the last ten years, Felix Twaalfhoven '79, a Coop student director, said yesterday.
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