A Proud History,
A Strong Future
Hastings Co-operative Limited has been at the heart of our community since 1916. Founded on the principles of cooperation and mutual benefit, we have grown and adapted through more than a century of change, always with one clear focus—enhancing the lives of our members and supporting the local economy.
Over the years, we have expanded, evolved, and weathered challenges, always staying true to our values. Our success has been built on strong relationships, a commitment to service, and a deep connection to the Hastings region. Through changing markets and shifting landscapes, we have remained steadfast in our purpose: to deliver value and opportunity for our members and contribute meaningfully to our community.
A Proud History, A Strong Future
Hastings Co-operative Limited has been at the heart of our community since 1916. Founded on the principles of cooperation and mutual benefit, we have grown and adapted through more than a century of change, always with one clear focus—enhancing the lives of our members and supporting the local economy.
Over the years, we have expanded, evolved, and weathered challenges, always staying true to our values. Our success has been built on strong relationships, a commitment to service, and a deep connection to the Hastings region. Through changing markets and shifting landscapes, we have remained steadfast in our purpose: to deliver value and opportunity for our members and contribute meaningfully to our community.
Our focus for the future
Despite the recent changes, our commitment to enhancing the lives of members and the community remains our priority. The sale of our IGA Supermarkets included a 12-year lease agreement with Ritchies for the Wauchope IGA site, ensuring a steady income stream for the Co-op.
Further, the lease agreement with Ritchies means the increased store performance leads to higher lease payments, directly contributing to the Co-op’s financial sustainability. At Sovereign Place IGA, we have negotiated terms so that as the store’s performance improves, our lease obligations decrease—another way your continued support directly benefits the Co-op.
Our priorities for the future:
- Strengthening our remaining businesses –including Bulk Fuel, Cedar and Bolwarra Service Stations, The Bottle-O, and Enterprise Rent-A-Car.
- Improving internal systems and processes to ensure efficiency.
- Restructuring our business to align with current and future needs.
- Applying conservative financial management to maximise the value of the supermarket sale and build a stable future.
- Building on our community partnerships to expand the range of Member Benefits.