Type | Co-operative Federation |
---|---|
Industry | Wholesale |
Founded | 2015 (1993 as CRTG) |
Headquarters | |
Products | Groceries |
Parent | Managed by The Co-operative Group |
Website | www |
Federal Retail and Trading Services (FRTS) is the central buying group for co-operative retail societies in the United Kingdom. It came into its current structure in 2015, though its predecessor was established in 1993, and it supplies almost all food bought for sale by the over 4,000 co-operative foodstores in the UK. [1] The buying group is owned and controlled by each of its member societies but is managed by The Co-operative Group on their behalf. [2] It operates by pooling the collective £8.5bn buying power for 18 co-operative societies in the UK, allowing them to negotiate better prices from suppliers, so as to compete effectively with other UK supermarket chains. [3]
Federal Retail and Trading Services is a member of the Ethical Trading Initiative (ETI). [4]
The current FRTS Managing Director is David McKnight [5]
The Co-operative Retail Trading Group (CRTG) was established in 1993 by the Co-operative Wholesale Society to centralise buying power for retail co-operatives in the UK. By 2002 it had become the central buying group for all of the major food retailing co-operatives, after being joined by the last two independent societies. [6] The CRTG lost its complete control over the food co-op sector in 2014 however after the Clydebank Co-operative Society left the buying group. [7] After the financial crisis in The Co-operative Group it was decided that The Group should no longer be responsible for the central buying group (the CRTG) as, if it had have collapsed, it could have led to the collapse of the independent co-operative societies as they would have had major difficulties in sourcing produce.[ citation needed ]
Prior to 1998, the CRTG faced competition within the retail co-operative movement from another grocery buying group: the Consortium of Independent Co-operatives (CIC), which was led by Co-operative Retail Services until its merger with the Co-operative Wholesale Society. Several of the larger regional co-operatives of the time were members of CIC: Portsea, Scotmid, United, and Yorkshire. In 1998, the CIC supplied £1 billion of goods annually, and the CRTG £2.5 billion. [8]
A new buying group, Federal Retail and Trading Services, was established in 2015 and differs from its predecessor most notably in that each member co-operative has equal control over the business, whereas previously control was proportional to total amount purchased (giving The Co-operative Group dominant control). Although each member now has an equal voice, FRTS continues to be managed by The Co-operative Group.[ citation needed ]
In 2016, FRTS commenced a project to explore potential co-operation with other European co-operative buying groups, including Coop Trading in Scandinavia. [9] The project went nowhere, although Channel Islands Co-operative Society, which led the exploration, now buys a range of French foods from a non co-op.
The Co-operative Group Limited, trading as Co-op, is a British consumer co-operative with a group of retail businesses including grocery retail and wholesale, legal services, funerals and insurance retailing.
Co-operative Retail Services was the second-largest consumer co-operative society in the United Kingdom. In 2000, it was dissolved by its members, merging with the larger Co-operative Wholesale Society, to form the Co-operative Group (CWS) Ltd.
The United Kingdom is home to a widespread and diverse co-operative movement, with over 7,000 registered co-operatives owned by 17 million individual members and which contribute £34bn a year to the British economy. Modern co-operation started with the Rochdale Pioneers' shop in the northern English town of Rochdale in 1844, though the history of co-operation in Britain can be traced back to before 1800. The British co-operative movement is most commonly associated with The Co-operative brand which has been adopted by several large consumers' co-operative societies; however, there are many thousands of registered co-operative businesses operating in the UK. Alongside these consumers' co-operatives, there exist many prominent agricultural co-operatives (621), co-operative housing providers (619), health and social care cooperatives (111), cooperative schools (834), retail co-operatives, co-operatively run community energy projects, football supporters' trusts, credit unions, and worker-owned businesses.
A consumers' co-operative is an enterprise owned by consumers and managed democratically and that aims at fulfilling the needs and aspirations of its members. Such co-operatives operate within the market system, independently of the state, as a form of mutual aid, oriented toward service rather than pecuniary profit. Many cooperatives, however, do have a degree of profit orientation. Just like other corporations, some cooperatives issue dividends to owners based off a share of total net profit or earnings ; or based off a percentage of the total amount of purchases made by the owner. Regardless of whether they issue a dividend or not, most consumers’ cooperatives will offer owners discounts and preferential access to good and services.
The East of England Co-operative Society is the fourth largest consumer co-operative in the United Kingdom after The Co-operative Group, The Midcounties Co-operative and Central England Co-operative. It is a registered society with its headquarters in Wherstead, near Ipswich and trading in the eastern counties of Essex, Suffolk and Norfolk. The Society is the area's largest independent retailer.
The Penrith Co-operative Society Limited, known locally as Penrith Co-op, was a small regional consumer co-operative in the United Kingdom. The society was formed in 1890 and at the time of its merger with Scotmid it operated one department store with supermarket attached and eight small supermarkets or convenience stores in Cumbria and County Durham.
Nisa Retail Limited is a brand and groceries wholesaler operating in the United Kingdom. It is a wholly owned subsidiary of the Co-operative Group Limited. It was formerly a mutual organisation owned by its members and operating "...like a co-operative, using the collective buying power of the large group of members to negotiate deals with suppliers".
The history of the cooperative movement concerns the origins and history of cooperatives across the world. Although cooperative arrangements, such as mutual insurance, and principles of cooperation existed long before, the cooperative movement began with the application of cooperative principles to business organization.
The Clydebank Co-operative Society Limited is the smallest consumers' co-operative in Scotland, based in the town of Clydebank near Glasgow. Along with Scotmid and The Co-operative Group, it is one of three consumer co-operative retail societies in Scotland, and the only one not merged into a regional or national society.
Radstock Co-operative Society is a small regional consumer co-operative, which was established in Radstock, Somerset, England in 1868 and today operates twenty food stores and across Somerset alongside a 1000 acre farm. It is owned and democratically controlled by its customer members, who numbered approximately 7000 in 2014. The society grew from a turnover of £15 million in 2006 to over £35m by 2016, doubling the number of stores over the period. The business has held the Fair Tax Mark since 2016.
Musselburgh and Fisherrow Co-operative Society Limited was a retail consumer co-operative trading in the Scottish towns of Musselburgh and Dalkeith. It was founded as a co-operative in 1862, and, in 2007, joined the small number of UK co-operative retailers to demutualise.
Lothian, Borders & Angus Co-operative Society Limited , founded in 1839 in the Scottish Borders, was the oldest independent consumer co-operative in Scotland until it merged with The Co-operative Group in December 2008. It operated over 50 food stores in the south and east, as well as some other retail businesses, and funeral services. At the time of the merger, Lothian Co-op was owned by 65,000 consumer members on a one member one vote basis.
Co-op Food is a brand used for the food retail business of The Co-operative Group in the United Kingdom.
Anglia Regional Co-operative Society Limited was the fifth largest consumer co-operative in the United Kingdom. It was formed by the merger of the Greater Peterborough Regional and Anglia co-operative societies in 1987. The Society had over 80 stores, principally trading in East Anglia. Head office was located at Westgate House, Peterborough until 2011.
The Moulton Co-operative Society Limited, or simply Moulton Co-op, was a small regional consumer co-operative in the United Kingdom. The society was formed in 1861 and operated a single supermarket in Moulton, Northamptonshire. In January 2009, members voted overwhelmingly to transfer arrangements to Midlands Co-operative Society, which took effect on 8 February 2009.
The Co-operative, also known as Co-op, is a brand used by a variety of co-operatives based in the United Kingdom. It is not a single business, but a number of different consumers' co-operatives spanning various sectors.
The Co-operative Travel is a travel agency brand used by some independent retail co-operatives in the United Kingdom, such as Midcounties Co-operative, through their access to The Co-operative brand. Between 2011 and 2016 the brand was also used by TCCT Retail Limited, a travel agency run as a joint venture between the Thomas Cook Group, The Co-operative Group and Central England Co-operative.
The Heart of England Co-operative Society is an independent consumer co-operative in the United Kingdom. Based in Coventry, the Society trades in the English counties of West Midlands, Warwickshire, Leicestershire and Northamptonshire.
Central England Co-operative, trading as Central Co-op, is a regional consumer co-operative in the United Kingdom, based in Lichfield and which trades from over 400 sites across the English Midlands and East Anglia. The business is owned and democratically controlled by its members who can stand for election to the board and who also share in the society's profits. A proportion of the profits of the business are also invested in local community groups through its community dividend grants programme and its more than 60 member classes.
Coniston Co-operative Society is a small consumer co-operative in Furness, Cumbria, England. It is one of the few retail societies operating a single village store to remain independent.
Consumer co-operatives are forming a successor to the Co-operative Retail Trading Group. The new buying group, Federal Trading Services, will be collectively owned by independent retail societies and the Co-operative Group, which are currently part of CRTG.
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: CS1 maint: archived copy as title (link)Clydebank Co-operative is entering a supply agreement with Glasgow-based wholesaler JW Filshill, bringing to an end its 10-year arrangement with the Co-operative Retail Trading Group (CRTG). It is the first co-op to withdraw from the co-operative movement's buying group, which previously controlled 100% of Co-op food buying in the UK.