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Co-op Franchise was established in 2019 and offers a franchised Co-op convenience store model. Franchise partners must share the Co-op's values and principles and meet other criteria. [85] [86] Costcutter founder, Colin Graves, was the first chair of the Co-op's 'Wholesale and Franchising Advisory Board'. [87]
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 ...
At which point the Co-operative Wholesale Society began to become the default rescuer of failing co-ops after it had itself absorbed the Scottish Co-operative Wholesale Society, which brought the CWS back to operating its own retail division, in 1973. [2] During the mid-1990s, CRS began an ambitious investment programme.
The movement's cloverleaf logo created the impression that it was a single organisation rather than independent organisations sharing common principles.The brand was strengthened by the creation of the Co-operative Retail Trading Group (CRTG) in 1993, providing Co-op branded products and other food supplies to its members: by 2002, the CRTG provided 100% of food supplies sold by UK consumer co ...
The bank was formed in 1872 as the Loan and Deposit Department of the Co-operative Wholesale Society, becoming the CWS Bank four years later.However, the bank did not become a registered company until 1971, when the Co-operative Bank Act 1971 (c. xxii) separated the banking business from the Co-operative Wholesale Society. [3]
The tower is situated on Miller Street, which forms the Manchester Inner Ring Road, and stands adjacent to New Century House, a high-rise office building also designed by Gordon Tait and G. S. Hay and constructed concurrently for the CIS's parent company, the Co-operative Wholesale Society (CWS). [1]
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Established in 2002, its head office was located at the CIS Tower, Miller Street, Manchester. It was mainly known through its two main subsidiaries: The Co-operative Bank (incorporating Smile, the first full internet bank in the UK) and The Co-operative Insurance. Co-operative Financial Services was formed as a holding company to bring these ...