The Scottish Midland Co-operative Society (trading as Scotmid), is an independent retail consumers' co-operative based in Edinburgh, Scotland.
Originally founded as St. Cuthbert's Co-operative Society in 1859, it merged with Dalziel Co-operative Society of Motherwell in 1981 to form Scotmid.
With over 3,900 staff, the co-operative has 177 Scotmid and convenience stores, nine Lakes & Dales convenience stores, 17 funeral offices, and 89 Semichem health and beauty shops throughout Scotland, Northern Ireland and northern England.
Scotmid has a committee style governance structure, similar to The Co-operative Group prior to its own major governance reforms. Scotmid Board Directors are nominated by Regional Committee members and elected by members from the Regions they represent (if these positions are contested).
In 1995, Scotmid acquired the Scottish health and beauty retail chain Semi-Chem (since rebranded Semichem), followed in 1999 by the similar Northern Ireland business, Options. Also in 1999, Scotmid merged with Prestonpans Co-operative Society.
In 2000, Scotmid closed all 20 of its non-food , which had made losses for five successive years.
In 2003, Scotmid acquired Wakefield-based national distribution business, M & S Toiletries, which it sold in 2008 to Sert UK.
In the early 21st century, Scotmid acquired several competing convenience shops in Scotland: Alldays, 64 SPAR shops and Morning, Noon & Night.
Scotmid added Dundas Fyfe funeral directors to its funeral operation in a reported £1 million buy-out deal. The head office moved from Fountainbridge, Edinburgh, where it had been since 1859, to a new purpose-built office near Newbridge.
The Fragrance House was founded by Scotmid in 2009. It specializes in perfume and by 2011 had five shops in Scotland with plans to expand to England and Northern Ireland.
On 31 March 2021, it was announced that "up to 22" Semichem stores would close.
In 2004, Thompson sold the company to Scotmid for £30 million.
This allowed Scotmid to add the 50 Morning, Noon & Night shops to its portfolio letting it expand into areas of Scotland, such as the Highlands, where it didn't previously have any shops.
In 2015 Scotmid merged with the Northumberland Seaton Valley Co-operative Society adding its shops to the Lakes & Dales chain.
|
|