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Raunds Co-operative Society Limited was a consumer co-operative society based in Raunds, Northamptonshire, founded in 1891. A consumers' co-operative is an enterprise owned by consumers and managed democratically and that aims at fulfilling the needs and aspirations of its members. [1]
The British cooperative movement formed the Co-operative Party in the early 20th century to represent members of consumers' cooperatives in Parliament, which was the first of its kind. The Co-operative Party now has a permanent electoral pact with the Labour Party meaning someone cannot be a member if they support a party other than Labour.
A retailers' cooperative is essentially a group of independently owned businesses that pool their resources to purchase in bulk, usually by establishing a central buying organization, and engage in joint promotion efforts. [2] It is common for locally owned grocery stores, hardware stores, and pharmacies to participate in retailers' cooperatives.
Co-operative federalism is the school of thought favouring consumer co-operative societies. Historically, its proponents have included JTW Mitchell and Charles Gide , as well as Paul Lambert and Beatrice Webb .
This period set the stage for the expansion of cooperative movements in the United States. The early 20th century saw a surge in consumer co-ops, especially during the Great Depression, when the establishment of self-help cooperatives was advocated by figures like Upton Sinclair and supported by Franklin Roosevelt's New Deal. This era ...
Cooperative ownership is the organization of economic units into enterprises owned by their workforce (workers cooperative) or by customers who use the products of the enterprise (this latter concept is called a consumer cooperative). Cooperatives are often organized around some form of self-management, either in the form of elected managers ...
A food cooperative or food co-op is a food distribution outlet organized as a cooperative, rather than a private or public company.Food cooperatives are usually consumer cooperatives, where the decisions regarding the production and distribution of its food are chosen by its members.
Cooperative members often engage in multiple contracts and projects over time, fostering ongoing partnerships. This can lead to additional business opportunities, repeat contracts, and a more stable revenue stream for businesses. The cooperative environment encourages relationship-building and the cultivation of sustainable business connections.