The Co-operative Group
The Co-operative Group is a United Kingdom consumers' cooperative, and, after the acquisition of Somerfield supermarkets, is the world's largest consumer-owned business, with over 4.5 million members and 123,000 employees across all its businesses. Regional and local retail co-operative societies are corporate members of the Group.[1]
Each member (each person registered to the 'Co-operative Membership' scheme) and every person employed has an equal say in how the business is run.[2] Everyone has a right to help shape the company. The Co-operative Group runs several businesses, including the famous Co-op supermarket chain.[3]
Every year, members receive a share of the profits that they helped to create, based on the amount made in profits that year and how much they had spent with any of its businesses.
References
change- ↑ "Membership dashboard". Archived from the original on 23 December 2016. Retrieved 22 December 2016.
- ↑ "Roderick, Edward Joseph, (born 23 Oct. 1952), Co-Chairman, Envestors (MENA) Ltd, 2008–13; Group Chief Executive, Christian Salvesen PLC, 1997–2004", Who's Who, Oxford University Press, 2007-12-01, doi:10.1093/ww/9780199540884.013.32977, retrieved 2022-04-11
- ↑ "Longworth, John, (born 14 May 1958), media commentator; Co-Chairman, Leave Means Leave, since 2016; Director General, British Chambers of Commerce, 2011–16", Who's Who, Oxford University Press, 2012-12-01, doi:10.1093/ww/9780199540884.013.256021, retrieved 2022-04-11
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