Red River Co-op

Last updated
Red River Cooperative Limited
Company type Cooperative
Industry Petroleum
Groceries
Headquarters Winnipeg, Manitoba
Revenue$539.7 million CAD (2013) [1]
$61.5 million CAD (2013) [1]
Total assets $161 million CAD (2010) [2]
Website www.redriverco-op.crs

Red River Cooperative Limited, branded as Red River Co-op, is a retail cooperative. A member of Federated Co-operatives, it operates in Winnipeg, Manitoba, Canada. [3]

Contents

Operations

As of 2022, it operates nine Red River Co-op supermarkets, including five in Winnipeg and one each in Gimli, Stonewall, Lorette, and Selkirk. [4] It also operates gas bars and convenience stores throughout the Winnipeg Metropolitan Region and surrounding areas, as well as Northwestern Ontario.

History

In 1948 Red River Co-op opened their first food stores in Winnipeg. [5]

In 1983, due to poor financial performance they ceased food store operations; they shifted focus on their gas bar operations. [5]

In 2014, when Sobeys acquired Safeway, they were forced to sell 23 locations by the federal Competition Bureau. Federated Co-operatives acquired four locations in Winnipeg and transferred ownership to Red River Co-op. This marked the resumption of food store operations. [5]

See also

References

  1. 1 2 "Red River Co-op pays out $49.7M". Winnipeg Free Press . February 8, 2013. Retrieved 2015-01-08.
  2. ↑ "2010 Top 50 Non-Financial Co-operatives in Canada". Statistics Canada . Retrieved 2015-01-08.
  3. ↑ "Annual General Meeting Minutes". Red River Co-op. 20 February 2020. Retrieved 23 April 2020.
  4. ↑ Food stores. Red River Co-op. Accessed 24 March 2022.
  5. 1 2 3 "Four Winnipeg Safeway stores sold to Red River Co-op". 2014-02-14. Retrieved 2024-07-06.
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