Channel Islands Co-operative
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Channel Islands Co-operative
The Channel Islands' Co-operative Society is a long-established Consumers' co-operative, consumer co-operative with stores in the Channel Islands. Its head office is located in Saint Helier in Jersey. In the year ending 13 January 2019, Channel Islands Co-op recorded sales of £183.6m (£174.5m 2017/18) and a profit after tax of £940k (£745k 2017/18). The Society was able to pay its members a 4% dividend (4% 2017/18) as a share of profits, with the total reported member benefits amounting to £7.97m, inclusive of Dividend, Dividend stamps, travel vouchers and share interest. The Society had a £5.8m (£6.8m 2017/18) pension deficit. Society membership was 128,350 in 2019, slightly up on the 126,751 figure in 2018. History The Jersey Co-operative Society was formed in 1919 and the Guernsey Co-operative Society followed in 1947. Both predecessors were supported by a CWS supervisory committee, which meant their accounts were liable to UK taxation. Growing objection to this persua ...
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Consumers' Co-operative
A consumer cooperative is an enterprise owned by consumers and managed democratically and that aims at fulfilling the needs and aspirations of its members. Such cooperatives operate within the market economy 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 on a share of total net profit or earnings (all owners typically receive the same amount); or based on 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 goods and services. Consumer cooperatives often take the form of retail outlets owned and operated by their consumers, such as food cooperatives. However, there are many types of consumers' cooperatives, operating in areas s ...
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Co-operative Union
Co-operatives UK is a British co-operative federation described as "the central membership organisation for co-operative enterprise throughout the UK". It was founded in 1870 as the Co-operative Central Board, changing its name to the Co-operative Union before finally becoming Co-operatives UK following its merger with the Industrial Common Ownership Movement (ICOM) in 2001. Historically associated with consumer co-operatives, the merger broadened its scope to include worker co-operatives and it now exists to support and promote the values of the entire co-operative movement throughout the UK. During its history it has been responsible for the organisation of the Co-operative Congresses, the establishment of both Co-operative Commissions and the creation of the Co-operative College and the Co-operative Party.See references in relevant sections of article. The head office, Holyoake House in Manchester, is a Grade II listed building, and was built in 1911 in memory of the co-o ...
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1919 Establishments In Jersey
Events January * January 1 ** The Czechoslovak Legions occupy much of the self-proclaimed "free city" of Pressburg (later Bratislava), enforcing its incorporation into the new republic of Czechoslovakia. ** HMY ''Iolaire'' sinks off the coast of the Hebrides; 201 people, mostly servicemen returning home to Lewis and Harris, are killed. * January 2– 22 – Russian Civil War: The Red Army's Caspian-Caucasian Front begins the Northern Caucasus Operation against the White Army, but fails to make progress. * January 3 – The Faisal–Weizmann Agreement is signed by Emir Faisal (representing the Arab Kingdom of Hejaz) and Zionist leader Chaim Weizmann, for Arab–Jewish cooperation in the development of a Jewish homeland in Palestine, and an Arab nation in a large part of the Middle East. * January 5 – In Germany: ** Spartacist uprising in Berlin: The Marxist Spartacus League, with the newly formed Communist Party of Germany and the Independent Social Democr ...
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