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Seminary Co-op

 

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Seminary Co-op



 
 
Seminary Cooperative Bookstores, Inc. is a cooperative
Cooperative

A cooperative is defined by the International Co-operative Alliance Statement on the Co-operative Identity as an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned and democratically-controlled business....
 bookstore with three branches in the Chicago
Chicago

Chicago is the largest city in the U.S. state of Illinois and the Midwestern United States, as well as the List of United States cities by population city in the United States with more than 2.8 million residents....
 area. Its flagship, known colloquially as the Seminary Co-op or simply the Sem Co-op, is located in the basement of the Chicago Theological Seminary
Chicago Theological Seminary

The Chicago Theological Seminary is a seminary of the United Church of Christ. It prepares women and men for leadership in the church and society through Master of Divinity , Master's degree in Religious Studies , Master of Sacred Theology , Doctor of Ministry , and Doctor of Philosophy programs....
, next to the campus of the University of Chicago
University of Chicago

The University of Chicago is a private university located principally in the Hyde Park, Chicago neighborhood of Chicago. Although an older university by the same name existed prior to its founding, the modern University of Chicago credits its founding to the oil magnate John D....
, and stocks the largest selection of academic volumes in the United States
United States

The United States of America is a Federal government constitutional republic comprising U.S. state and a federal district. The country is situated mostly in central North America, where its Contiguous United States and Washington, D.C., the Capital districts and territories, lie between the Pacific Ocean and Atlantic Oceans, Borders of the U...
 throughout an extensive maze of shelves.

The Co-op also operates 57th Street Books, also in the Hyde Park neighborhood, which stocks popular volumes, and the Newberry Library
Newberry Library

The Newberry Library is a research library for the humanities and social sciences in Chicago, Illinois, established in 1887 by a bequest by Walter Loomis Newberry....
 Bookstore, which sells books, cards, and gifts on Chicago's North Side.






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Encyclopedia


Seminary Cooperative Bookstores, Inc. is a cooperative
Cooperative

A cooperative is defined by the International Co-operative Alliance Statement on the Co-operative Identity as an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned and democratically-controlled business....
 bookstore with three branches in the Chicago
Chicago

Chicago is the largest city in the U.S. state of Illinois and the Midwestern United States, as well as the List of United States cities by population city in the United States with more than 2.8 million residents....
 area. Its flagship, known colloquially as the Seminary Co-op or simply the Sem Co-op, is located in the basement of the Chicago Theological Seminary
Chicago Theological Seminary

The Chicago Theological Seminary is a seminary of the United Church of Christ. It prepares women and men for leadership in the church and society through Master of Divinity , Master's degree in Religious Studies , Master of Sacred Theology , Doctor of Ministry , and Doctor of Philosophy programs....
, next to the campus of the University of Chicago
University of Chicago

The University of Chicago is a private university located principally in the Hyde Park, Chicago neighborhood of Chicago. Although an older university by the same name existed prior to its founding, the modern University of Chicago credits its founding to the oil magnate John D....
, and stocks the largest selection of academic volumes in the United States
United States

The United States of America is a Federal government constitutional republic comprising U.S. state and a federal district. The country is situated mostly in central North America, where its Contiguous United States and Washington, D.C., the Capital districts and territories, lie between the Pacific Ocean and Atlantic Oceans, Borders of the U...
 throughout an extensive maze of shelves.

The Co-op also operates 57th Street Books, also in the Hyde Park neighborhood, which stocks popular volumes, and the Newberry Library
Newberry Library

The Newberry Library is a research library for the humanities and social sciences in Chicago, Illinois, established in 1887 by a bequest by Walter Loomis Newberry....
 Bookstore, which sells books, cards, and gifts on Chicago's North Side. The Seminary Cooperative Bookstores sell shares of stock for $10 each; a purchase of three shares constitutes a membership, which provides a 10% discount. Profits are typically reinvested into the Co-op's reserve funds, as distribution of profits would be negligible.

Currently, the Co-op has over 53,000 members, 3,500 of which are located overseas. The following countries have at least 100 members: Japan, the United Kingdom, Germany, Canada, and Australia. The following countries have at least 50 members: Taiwan, Spain, the Netherlands, Italy, Israel, Hong Kong, France, Brazil, and Korea. Other nations with significant membership include Sweden, Switzerland, Norway, Ireland, India, and Argentina.

In 2007, the Co-op did more than $5,000,000 in sales, achieving a net profit of $20,173.

In September 2008, the Co-op launched The Front Table, a web magazine for book lovers and Co-op members.

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