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Radstock Co-operative 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.[4] It is owned and democratically controlled by its customer members, who numbered approximately 7000 in 2014.[1] The society grew from a turnover of £15 million in 2006 to over £35m by 2016, doubling the number of stores over the period.[5] The business has held the Fair Tax Mark since 2016.

Radstock Co-operative Society Limited
TypeConsumer Co-operative
IndustryRetail, Agriculture
Founded1868
Headquarters,
Area served
Somerset, England
Key people
Don Morris CEO[1]
Revenue£47.9 million (2020/21)[2]
£745,000 (2020/21)[2]
£644,000 (2020/21)[2]
Total assets£13.4 million (2015/16)[3]
Members7,000 (2014)[1]
Number of employees
369 (2014)[1]
Websitewww.radstockcoop.co.uk

In 2016, the society operated a large supermarket in Radstock and eighteen convenience shops in nearby areas.[3] The society also owns Manor Farm, a dairy farm[2] which supplies a substantial portion of the organic milk sold through UK Co-operative Stores. It previously owned a Homemaker Furniture store.

In 2020 the society obtained planning permission to replace its Radstock "superstore" with a housing and new store development. The old single-storey building was beyond economical repair, and will replaced with two three-storey buildings and a public square.[6] In August 2020 the store was moved to temporary premises for the duration of the redevelopment.[2]

The society participates in the British co-operative movement. As well as supplying cheese for national distribution by the Co-operative Retail Trading Group (CRTG) through a milk processor, it obtains food goods from the CRTG. It is a corporate member and shareholder of The Co-operative Group, a national business that is successor to the Co-operative Wholesale Society. In line with many retail co-operatives across the UK, during the late 2000s the society began converting its stores from the 1993 dark blue Co-op cloverleaf branding, to green “The co-operative food” fascias, alongside acquiring stores in Shepton Mallet and Coleford.[7][8]

Locations

 
Early delivery wagon of the Radstock Cooperative Society, Taken in Radstock Museum
 
The store in Coleford

See also

References

  1. ^ a b c d Report and Financial Statements - 52 week period ending 22 February 2014 (PDF) (Report). Radstock Co-operative Society. 2014. (PDF) from the original on 17 August 2016. Retrieved 10 May 2014.
  2. ^ a b c d e Hadfield, Miles (24 May 2021). "Radstock Co-op returns to profit with operating surplus of £745k". Co-op News. Co-operative Press. from the original on 10 October 2022. Retrieved 6 January 2022.
  3. ^ a b Report and Financial Statements - 52 week period ending 27 February 2016 (PDF) (Report). Radstock Co-operative Society. 2016. (PDF) from the original on 10 October 2022. Retrieved 4 August 2016.
  4. ^ a b "About us". Radstock Co-operative Society. from the original on 22 February 2012. Retrieved 10 May 2014.
  5. ^ Press, Susan (24 August 2007). . Co-operative News. Co-operative Press. Archived from the original on 18 July 2011.
  6. ^ Sumner, Stephen (28 October 2020). "Co-op committed too much to walk away from Radstock development". Bath Echo. from the original on 31 October 2020. Retrieved 28 October 2020.
  7. ^ "Stores". from the original on 29 October 2012. Retrieved 23 October 2012.
  8. ^ "News: 140th Anniversary". Radstock Co-operative Society. 2008.
  9. ^ "Annual Report 2009/10". Radstock Co-operative Society. p. 3.
  10. ^ "Annual Report 2010/11" (PDF). Radstock Co-operative Society. p. 16.
  11. ^ a b "Annual Report 2011/12" (PDF). Radstock Co-operative Society. p. 18.
  12. ^ "Farrington Gurney Convenience Store Now Open". Radstock Co-operative Society. 20 November 2013. from the original on 10 October 2022. Retrieved 20 February 2014.

radstock, operative, society, small, regional, consumer, operative, which, established, radstock, somerset, england, 1868, today, operates, twenty, food, stores, across, somerset, alongside, 1000, acre, farm, owned, democratically, controlled, customer, member. 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 4 It is owned and democratically controlled by its customer members who numbered approximately 7000 in 2014 1 The society grew from a turnover of 15 million in 2006 to over 35m by 2016 doubling the number of stores over the period 5 The business has held the Fair Tax Mark since 2016 Radstock Co operative Society LimitedTypeConsumer Co operativeIndustryRetail AgricultureFounded1868HeadquartersRadstock Somerset United KingdomArea servedSomerset EnglandKey peopleDon Morris CEO 1 Revenue 47 9 million 2020 21 2 Operating income 745 000 2020 21 2 Net income 644 000 2020 21 2 Total assets 13 4 million 2015 16 3 Members7 000 2014 1 Number of employees369 2014 1 Websitewww radstockcoop co ukIn 2016 the society operated a large supermarket in Radstock and eighteen convenience shops in nearby areas 3 The society also owns Manor Farm a dairy farm 2 which supplies a substantial portion of the organic milk sold through UK Co operative Stores It previously owned a Homemaker Furniture store In 2020 the society obtained planning permission to replace its Radstock superstore with a housing and new store development The old single storey building was beyond economical repair and will replaced with two three storey buildings and a public square 6 In August 2020 the store was moved to temporary premises for the duration of the redevelopment 2 The society participates in the British co operative movement As well as supplying cheese for national distribution by the Co operative Retail Trading Group CRTG through a milk processor it obtains food goods from the CRTG It is a corporate member and shareholder of The Co operative Group a national business that is successor to the Co operative Wholesale Society In line with many retail co operatives across the UK during the late 2000s the society began converting its stores from the 1993 dark blue Co op cloverleaf branding to green The co operative food fascias alongside acquiring stores in Shepton Mallet and Coleford 7 8 Locations Edit Early delivery wagon of the Radstock Cooperative Society Taken in Radstock Museum The store in Coleford Peasedown St John 1908 Timsbury North Somerset 1916 Chilcompton Somerset 1919 Chew Magna North Somerset 1924 Westfield Elm Tree Avenue 1940s Radstock superstore 1959 4 Shepton Mallet Somerset 2008 Glastonbury Somerset 2009 9 Coleford Somerset 2009 formerly Crossway Stores Street Somerset 2010 10 Frome Somerset 2011 11 Westfield Fosseway 2012 11 Farrington Gurney 2013 12 Fosseway 2014 Frome Somerset Bath Road 2015 Trowbridge Castle Mead 2017 Warminster Victoria Road 2017 Weston Super Mare Milton Road 2018 Bridgwater Paragon Place 2018See also EditBritish co operative movement Credit unions in the United KingdomReferences Edit a b c d Report and Financial Statements 52 week period ending 22 February 2014 PDF Report Radstock Co operative Society 2014 Archived PDF from the original on 17 August 2016 Retrieved 10 May 2014 a b c d e Hadfield Miles 24 May 2021 Radstock Co op returns to profit with operating surplus of 745k Co op News Co operative Press Archived from the original on 10 October 2022 Retrieved 6 January 2022 a b Report and Financial Statements 52 week period ending 27 February 2016 PDF Report Radstock Co operative Society 2016 Archived PDF from the original on 10 October 2022 Retrieved 4 August 2016 a b About us Radstock Co operative Society Archived from the original on 22 February 2012 Retrieved 10 May 2014 Press Susan 24 August 2007 New Radstock chief gears up for Tesco fight Co operative News Co operative Press Archived from the original on 18 July 2011 Sumner Stephen 28 October 2020 Co op committed too much to walk away from Radstock development Bath Echo Archived from the original on 31 October 2020 Retrieved 28 October 2020 Stores Archived from the original on 29 October 2012 Retrieved 23 October 2012 News 140th Anniversary Radstock Co operative Society 2008 Annual Report 2009 10 Radstock Co operative Society p 3 Annual Report 2010 11 PDF Radstock Co operative Society p 16 a b Annual Report 2011 12 PDF Radstock Co operative Society p 18 Farrington Gurney Convenience Store Now Open Radstock Co operative Society 20 November 2013 Archived from the original on 10 October 2022 Retrieved 20 February 2014 Retrieved from https en wikipedia org w index php title Radstock Co operative Society amp oldid 1115296488, wikipedia, wiki, book, books, library,

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