The Co-operative Group
The Co-operative Group Ltd. is a British consumer cooperative with a diverse range of retail businesses. It is co-cooperatively run and owned by its members. It is the largest organisation of this type in the UK, with over 6 million members, who have a say in how the business is run and how its social goals are achieved. The group comprises a family of businesses, including: Food, Travel, Financial Services, Healthcare, Funeralcare, Legal Services, Motors and Online Electricals.
Membership is open to everyone aged 16 and over, provided they share the values and principles upon which the group was founded. Every year members receive a share of the group's profit, based on the total amount of profit made, and the amount of money they spent with the organization in that year. Its slogans are 'Good for everyone', 'Good with food' and 'Good with money'.
The Co-operative Group has over 123,000 employees across the UK. The group has headquarters in Manchester on a listed eight-building estate which includes the CIS Tower, Hanover Building, Holyoake House, New Century House, Redfern Building. The group will move to One Angel Square, its new £100m headquarters at NOMA, Manchester in early 2013.
Read more about The Co-operative Group: History, Marketing and Brands, Businesses, Former Businesses, Dividend and Membership Scheme, Executive Remuneration, Co-operative Practices, Achievements and Criticisms
Famous quotes containing the word group:
“We often overestimate the influence of a peer group on our teenager. While the peer group is most influential in matters of taste and preference, we parents are most influential in more abiding matters of standards, beliefs, and values.”
—David Elkind (20th century)