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Peninsula Co-op Milestones

An overview of Peninsula Co-op's history by decade.

1977

In 1977

We opened its doors as a warehouse Co-op on Keating X Road.

1980's

In 1980, we changed from a warehouse to a conventional Co-op and opened a one lane, two pump gas centre at the Keating X Road location. A new focus on marketing and value added programs were incorporated in 1981, and we published our first member newsletter, the PeninsulaCo-op Commentator which we still publish today. In 1982 the Keating Gas Centre was upgraded and 1983 the Food Centre implemented a bonus dollar program for non-food purchases.

In 1984 we experienced our first year where we had a positive bottom line. Our Food Centre introduced a fresh baked department in 1986 and we also began supplying gas to Save-On Gas the same year. Member-owners received their first cash rebate payment in 1988. That same year, we made an initial purchase of Save-On Gas, added 3,000 square feet to our existing Co-op store for non-foods and hardware, added a lawn and garden area and exceeded $10 million in sales.

1980s
1990s

1990's

We started the new decade with a second Save-On Gas purchase building a retail/commercial cardlock and car wash on the corner of Keating X Road and Oldfield Road. The Wilkinson Road site, our third Save-On Gas purchase, was built in 1991. In 1992 the member-owner membership fee changed from $100 to $25 and our sales exceeded 20 million.

Between 1993 and 1994, we started our home heating fuel division, added Deep Cove and Nanaimo sites to Save-On Gas, we purchased our Brentwood Co-op location and 6.8 acres at Keating X Road and West Saanich Road. During 1995, the Brentwood Automotive site was changed from Shell to Co-op, Duncan Canada Avenue was added to Save-On Gas and our sales exceeded $30 million.

In 1997, Our Food Centre went through a major renovation and we significantly upgraded our Deep Cove Save-On Gas location. Sidney Save-On Gas was also added to our growing list of locations. During the years of 1998-1999, our Food Store warehouse was expanded and a new office was added for our Administration staff. The Keating Gas Centre saw a major renovation, the Goldstream Gas Centre was built and we added a Cardlock location in Sidney.

2000 - 2009

Between 2000 and 2001 we saw an increase in sales from $50 million to $63 million.

The years spanning 2002-2004 included renovations, acquisitions and name changes. Our Millstream Gas and Convenience Centre was built in 2002, the Brentwood Bay Gas Centre had a major renovation which included a new convenience store and the addition of a Touchless Car Wash. Our Royal Oak location was renovated and the name was changed from Save-On Gas to Co-op. In 2003, the Duncan Canada Avenue property was purchased. In 2004, it was re-built to include a Touchless Car Wash and new convenience store and the name was changed from Save-On Gas to Co-op. That same year, Nanaimo Save-On Gas was sold to Mid-Island Co-op and the Keating Cardlock site was renovated and the name changed from Save-On Gas to Co-op.

In the years spanning 2005 to 2007, Pat Bay, Deep Cove, Sidney, Wilkinson and Gorge Road locations were renovated and their names were changed from Save-On Gas to Co-op. In 2006, Co-op member numbers were accepted by all Save-On Gas sites. In 2007, the Mill Bay property was purchased and sales exceeded $100 million.

With our increased growth, sales in 2008 exceeded $115 million and by 2009 our sales exceeded $137 million. In 2009, we attained the position of #1 in petroleum marketing share in the Victoria and Duncan areas and we opened the Mill Bay location in September 2009.

2000 - 2009

2010 - Present

In 2010, we had a large member growth, with 40,000 new members-owners signing up. Our earnings totaled 8 million that year, with sales of 135 million.

In 2011, our sales continued to increase, reaching 153 million. Our earnings also continued to grow, reaching 8.6 million. The Mill Bay location was instrumental to our success, proving very successful in this time. We acquired the Triangle and Cowichan locations this year, upgrading the Cowichan location to the Co-op brand. Our membership grew even faster, with another 50,000 members joining in this year alone.

In 2012, our sales were forecasted to hit an unprecedented 170 million, with our continuing strong petroleum sales contributing to this sum. Our membership will continue to increase, with an estimated 56,000 new members signing up in this year. We plan to open the Wale Road Gas and Convenience Centre in November. 2012 was also the year our board election process evolved to a mail-in process.

Peninsula Co-op, #1-2132 Keating X Rd. Saanichton, BC V8M 2A6, Phone: 250-652-1188

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