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2023 Annual Report. The Co-operative Group Limited, trading as Co-op and formerly known as the Co-operative Wholesale Society, is a British consumer co-operative with a group of retail businesses, including grocery retail and wholesale, legal services, funerals and insurance, and social enterprise.
The Co-operative Group is jointly owned by millions of individual members and Independent Co-operative societies. We listen to member opinions and integrate these into our business activities and our social and campaigning agenda.
Anthony Murray. Eight million members own at least £1 each in the Co-operative Group. But another portion of members, known as independent society members, own another £8m in shares. There are 126 of these independent members, which are mostly other co-operatives, and together they have around 25% of the voting power at meetings.
What is a Co-operative? A business owned by its members. Our Co-op. Why we’re different. Our democracy. Getting involved with our Co-op. Board and directors. Who’s on the Co-op board and executive. Co-op values. Principles more valuable than profits. Co-op history. Destined to be different since 1844. Our Suppliers.
The Co-op Group’s exit. To briefly recap the story so far, until 2013 the Co-operative Bank plc was 100% owned by The Co-operative Group. This is the cooperative that runs 80% of the Co-op shops. It is owned by its millions of customer members.
Co-op history. The Co-op Group has its origins in the co-operative consumer societies started by the Rochdale Pioneers. In 1863, independent co-op societies formed The Co-operative Wholesale Society (CWS). They provided Co-op products to sell in hundreds of Co-op stores. Over the next century, CWS went through many changes and eventually became ...
Apr 10, 2014 · Co-op has a group board and separate business boards, which manage food and services like funerals The group is owned by its members and 80 or so member societies. Area committees are the...