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Midlands Co-operative Society
Midlands Co-operative Society Limited was the second largest consumer co-operative in the United Kingdom. It was a registered Industrial and Provident Society, a member of the Co-operative Union, the Co-operative Retail Trading Group and a corporate member of The Co-operative Group (formerly Co-operative Wholesale Society), the largest consumer co-operative in the world. The Society had over 200 stores, principally trading in the English Midlands. Head office was located in Lichfield, Staffordshire. On 19 September 2013, it was announced that the boards of Midlands Co-operative Society and Anglia Regional Co-operative Society had agreed merger terms. Approved by members on 4 and 18 November, legal completion of the merger took place on 1 December, with the Anglia Society transferring engagements to Midlands Co-operative. On 15 January 2014, members of the merged society approved a change of name to Central England Co-operative effective from 25 January 2014. History Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Consumer Co-operative
A consumer cooperative is an business, enterprise owned by consumers and managed democracy, 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, ope ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Co-operative Group
The Co-operative Group Limited, trading as Co-op and formerly known as the Co-operative Wholesale Society, is a British consumer cooperative, consumer co-operative with a group of retail businesses, including grocery retail and wholesale, legal services, funerals and insurance, and social enterprise. The group has its headquarters located at One Angel Square in Manchester, England. The Group also manages the Co-operative Federal Trading Services, formerly the Co-operative Retail Trading Group (CRTG). History Beginnings (1844–1938) The Co-operative Group has developed over the years from the merger of co-operative wholesale society, co-operative wholesale societies and many independent retail societies. The Group's roots are traced back to the Rochdale Society of Equitable Pioneers, established in 1844. The Rochdale Society of Equitable Pioneers was based on the Rochdale Principles – which notably introduced the idea of distributing a share of profits according to purcha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dividend
A dividend is a distribution of profits by a corporation to its shareholders, after which the stock exchange decreases the price of the stock by the dividend to remove volatility. The market has no control over the stock price on open on the ex-dividend date, though more often than not it may open higher. When a corporation earns a profit or surplus, it is able to pay a portion of the profit as a dividend to shareholders. Any amount not distributed is taken to be re-invested in the business (called retained earnings). The current year profit as well as the retained earnings of previous years are available for distribution; a corporation is usually prohibited from paying a dividend out of its capital. Distribution to shareholders may be in cash (usually by bank transfer) or, if the corporation has a dividend reinvestment plan, the amount can be paid by the issue of further shares or by share repurchase. In some cases, the distribution may be of assets. The dividend received by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Authority
The Financial Services Authority (FSA) was a quasi-judicial body accountable for the regulation of the financial services industry in the United Kingdom between 2001 and 2013. It was founded as the Securities and Investments Board (SIB) in 1985. Its board was appointed by the Treasury, although it operated independently of government. It was structured as a company limited by guarantee and was funded entirely by fees charged to the financial services industry. Due to perceived regulatory failure of the banks during the 2008 financial crisis, the UK government decided to restructure financial regulation and abolish the FSA. On 19 December 2012, the Financial Services Act 2012 received royal assent, abolishing the FSA with effect from 1 April 2013. Its responsibilities were then split between two new agencies: the Financial Conduct Authority and the Prudential Regulation Authority of the Bank of England. Until its abolition, Lord Turner of Ecchinswell was the FSA's chairman an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shepley Co-operative Society
Shepley Industrial and Provident Society was a small consumer co-operative based in the West Yorkshire village of Shepley in England. The Society, which was founded in 1852, operated a single co-operative foodstore on Station Road. A registered Industrial and Provident Society, Shepley Industrial and Provident Society was a corporate member of the Co-operative Group (formerly Co-operative Wholesale Society) and its national buying scheme, the Co-operative Retail Trading Group. In August 2013, the Society was wound-up and its assets transferred to the Midlands Co-operative Society.Kidd, Marie-ClairReview of the Year: Village co-op society gives up independence after 150 yearsCo-operative News, 28 December 2013 This became Central England Co-operative 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 460 sites across the English Midlands and East Anglia. The business ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Moulton Co-operative Society
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. History The Moulton Co-op was one of the last single store societies in the Midlands region, following the mergers of Desborough, Ilkeston and Raunds co-ops with the Midlands Society in recent years. John Mitchinson became Chief Executive of Moulton in 1986, serving until the merger. Location * Stocks Hill, Moulton, Northamptonshire Co-operative movement The society was at merger was a member of the UK-wide Co-operative Retail Trading Group (CRTG) buying group and together with other UK Societies in every part of the country sold bulk bought branded and The Co-operative brand products. The Society was a corporate ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Raunds Co-operative Society
Raunds Co-operative Society Limited was a consumer co-operative society based in Raunds, Northamptonshire, founded in 1891. The society operated a large supermarket and a department store in Raunds, and as of 2007 held of farmland at Northdale Farm, farming wheat and oilseed rape. It had 4,297 members in 2003. It was a subscriber to the Co-operative Party and a customer member (shareholder) of the Co-operative Wholesale Society. In 1983, it merged with the Ringstead Distributive Co-operative Society. In early 2007, directors of the society presented to members a plan to merge with the much large Midlands Co-operative Society, but it did not reach the required vote of two thirds of members when put to a special general meeting on 5 July 2007. However, a confirmatory meeting was held on 16 August and this time the vote to merge was carried. The two societies merged on 26 August 2007. See also *Co-op *The Co-operative Group The Co-operative Group Limited, trading ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ilkeston Co-operative Society
Ilkeston Co-operative Society was a consumer co-operative society based in Ilkeston, Derbyshire, England. By 2006, Ilkeston had created one of the largest independent travel companies in the UK, operating 42 branches throughout the East Midlands and South Yorkshire. It also operated a department store, two bedding stores, a banqueting suite and two car body shops, having sold its car retail business to United Co-operatives in 2004. In August 2006, directors of the Society outlined plans to merge with the Midlands Co-operative Society. Following two members' meetings in September, the two societies merged in November 2006. The newly enlarged Midlands Society has retained the name 'Ilkeston Co-op Travel' for the travel business, given its prominence. It was announced on 21 January 2013 that the Midlands Co-op intended to close the Ilkeston store along with several other East Midlands homewear and fashion stores within six months, citing a lack of profitability as the reason. It ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Birmingham
Birmingham ( ) is a City status in the United Kingdom, city and metropolitan borough in the metropolitan county of West Midlands (county), West Midlands, within the wider West Midlands (region), West Midlands region, in England. It is the List of English districts by population, largest local authority district in England by population and the second-largest city in Britain – commonly referred to as the second city of the United Kingdom – with a population of million people in the city proper in . Birmingham borders the Black Country to its west and, together with the city of Wolverhampton and towns including Dudley and Solihull, forms the West Midlands conurbation. The royal town of Sutton Coldfield is incorporated within the city limits to the northeast. The urban area has a population of 2.65million. Located in the West Midlands (region), West Midlands region of England, Birmingham is considered to be the social, cultural, financial and commercial centre of the Midland ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Derbyshire
Derbyshire ( ) is a ceremonial county in the East Midlands of England. It borders Greater Manchester, West Yorkshire, and South Yorkshire to the north, Nottinghamshire to the east, Leicestershire to the south-east, Staffordshire to the south and west, and Cheshire to the west. Derby is the largest settlement, and Matlock is the county town. The county has an area of and a population of 1,053,316. The east of the county is more densely populated than the west, and contains the county's largest settlements: Derby (261,400), Chesterfield (88,483), and Swadlincote (45,000). For local government purposes Derbyshire comprises a non-metropolitan county, with eight districts, and the Derby unitary authority area. The East Midlands Combined County Authority includes Derbyshire County Council and Derby City Council. The north and centre of Derbyshire are hilly and contain the southern end of the Pennines, most of which are part of the Peak District National Park. They include Kinde ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Leicestershire
Leicestershire ( ) is a Ceremonial counties of England, ceremonial county in the East Midlands of England. It is bordered by Derbyshire, Nottinghamshire and Lincolnshire to the north, Rutland to the east, Northamptonshire to the south-east, Warwickshire to the south-west, and Staffordshire to the west. The city of Leicester is the largest settlement and the county town. The county has an area of and a population of one million according to 2022 estimates. Leicester is in the centre of the county and is by far the largest settlement, with a Leicester urban area, built-up area population of approximately half a million. The remainder of the county is largely rural, and the next-largest settlements are Loughborough in the north, Hinckley in the south-west, and Wigston south-east of Leicester. For Local government in England, local government purposes Leicestershire comprises a non-metropolitan county, with seven districts, and the Unitary authorities of England, unitary authority a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Co-operative
A cooperative (also known as co-operative, coöperative, co-op, or coop) is "an autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly owned and democratically-controlled enterprise". Cooperatives are democratically controlled by their members, with each member having one vote in electing the board of directors. They differ from collectives in that they are generally built from the bottom-up, rather than the top-down. Cooperatives may include: * Worker cooperatives: businesses owned and managed by the people who work there * Consumer cooperatives: businesses owned and managed by the people who consume goods and/or services provided by the cooperative * Producer cooperatives: businesses where producers pool their output for their common benefit ** e.g. Agricultural cooperatives * Purchasing cooperatives where members pool their purchasing power * Multi-stakeholder or hybrid cooperativ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
