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According to co-operative economist Charles Gide, the aim of a co-operative wholesale society is to arrange “bulk purchases, and, if possible, organise production.” [1] In other words, a co-operative wholesale society is a form of federal co-operative through which consumers co-operatives can collectively purchase goods at wholesale prices ...
The Co-operative Group formed gradually over 140 years from the merger of many independent retail societies, and their wholesale societies and federations. In 1863, twenty years after the Rochdale Pioneers opened their co-operative, the North of England Co-operative Society was launched by 300 individual co-ops across Yorkshire and Lancashire ...
This began in 1863 when the North of England Co-operative Wholesale Industrial and Provident Society Limited was launched in Manchester by 300 individual co-operatives in Yorkshire and Lancashire. By 1872, it was known as the 'Co-operative Wholesale Society' (CWS) and it was wholly owned by the co-operatives which traded with it.
The North of England Co-operative Wholesale Industrial and Provident Society Limited, later renamed the Co-operative Wholesale Society (CWS) was launched in Manchester by 300 individual co-operatives in Yorkshire and Lancashire during 1863. [6] The Scottish Co-operative Wholesale Society was founded in 1868.
On May 20, 2019, the National Register of Historic Places in the United States, listed two four story sixteen apartment buildings, Alku 1 and Alku Toinen, (Finnish for Beginning 1 and 2), located at 816 and 826 43rd Street, Kings County Brooklyn New York, as the first two coop buildings in the US, built by Finnish immigrants, on the National Register of Historic Places.
He believed the co-operative movement should extend beyond retail trade and he played a role in establishing the Rochdale District Co-operative Corn Mill Society in 1850, the Rochdale Co-operative Manufacturing Society in 1854, the North of England Co-operative Wholesale Society in 1863, and the Co-operative Insurance Society in 1867. [1]
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In 1872 the Co-operative Wholesale Society in England formed a retail deposit and loan department, which eventually transformed into The Co-operative Bank familiar there today. In 1878 a network of 'people's banks' formed the Groupe Banque Populaire , and four years later the first credit union in the system now known as Crédit Mutuel was ...