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A key aspect of the food cooperative model is the socialization of potential profit associated with running a grocery store. In a typical food production model, a store is owned by a company, which is in turn managed by either a board of directors and shareholders if the company is publicly owned, or a collection of private individuals if it is not.
There are generally five major types of cooperative organizations: Consumers' cooperatives, in which the consumers of a co-operative's goods and services are defined as its members (including retail food co-operatives and grocery stores, credit unions, mutual insurance companies, etc.) (Example: REI, federal credit unions, etc.)
A retailers' cooperative is a type of cooperative which employs economies of scale on behalf of its retailer members. [1] Retailers' cooperatives use their purchasing power to acquire discounts from manufacturers and often share marketing expenses.
A grocery store , grocery shop or simply grocery [1] is a retail store that primarily retails a general range of food products, [2] which may be fresh or packaged. In everyday U.S. usage, however, "grocery store" is a synonym for supermarket , [ 3 ] and is not used to refer to other types of stores that sell groceries .
Co-op is a UK supermarket chain and the brand used for the food retail business of The Co-operative Group, one of the world’s largest consumer co-operatives.As the UK’s fifth largest food retailer, Co-op operates nearly 2,400 food stores.
BI-LO supermarket. A supermarket is a self-service shop offering a wide variety of food, beverages and household products, organized into sections.Strictly speaking, a supermarket is larger and has a wider selection than earlier grocery stores, but is smaller and more limited in the range of merchandise than a hypermarket or big-box market.
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Kootenay Co-op (Nelson, British Columbia): A member-owned co-op known for natural and organic foods. East End Food Co-op (Vancouver, British Columbia): A community-focused store offering local and fairly traded products. Ottawa Valley Food Co-op (Ottawa, Ontario region): An online co-op that supports local farmers and producers.