CO-OP WHOLESALERS' NET UP, COSTS DOWN: STUDY

WASHINGTON -- Cooperative wholesalers managed to increase net income, reduce costs and use assets more efficiently in 1994 -- despite essentially flat sales, according to a new study of the category.The study, developed by the National Cooperative Bank here, examined financial data from 29 retailer-owned grocery wholesalers with sales of more than $50 million.NCB found that the 29 cooperatives had

WASHINGTON -- Cooperative wholesalers managed to increase net income, reduce costs and use assets more efficiently in 1994 -- despite essentially flat sales, according to a new study of the category.

The study, developed by the National Cooperative Bank here, examined financial data from 29 retailer-owned grocery wholesalers with sales of more than $50 million.

NCB found that the 29 cooperatives had combined volume of $22.1 billion in fiscal 1994, only a 0.5% increase over tot

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