Co-op Atlantic is a Canadian collectively owned
consumers' cooperative
A consumers' co-operative is an business, enterprise owned by consumers and managed democracy, democratically and that aims at fulfilling the needs and aspirations of its members. Such co-operatives operate within the market economy, market system ...
. The cooperative is legally owned by its members and controlled by a board of directors. The head offices of Co-op Atlantic are located in
Moncton
Moncton (; ) is the most populous city in the Canadian province of New Brunswick. Situated in the Petitcodiac River Valley, Moncton lies at the geographic centre of the Maritime Provinces. The city has earned the nickname "Hub City" because o ...
,
New Brunswick
New Brunswick (french: Nouveau-Brunswick, , locally ) is one of the thirteen Provinces and territories of Canada, provinces and territories of Canada. It is one of the three Maritime Canada, Maritime provinces and one of the four Atlantic Canad ...
.
History
The company was founded in 1927 in Moncton as a small
Agricultural supply
Agribusiness is the industry, enterprises, and the field of study of value chains in agriculture and in the bio-economy,
in which case it is also called bio-business or bio-enterprise.
The primary goal of agribusiness is to maximize profit ...
agricultural co-operative
An agricultural cooperative, also known as a farmers' co-op, is a cooperative in which farmers pool their resources in certain areas of activity.
A broad typology of agricultural cooperatives distinguishes between agricultural service cooperativ ...
whose main idea was to provide a means for local farmers to promote their livestock. Today the group has 128 member co-operative enterprises across
Atlantic Canada and
Quebec
Quebec ( ; )According to the Government of Canada, Canadian government, ''Québec'' (with the acute accent) is the official name in Canadian French and ''Quebec'' (without the accent) is the province's official name in Canadian English is ...
.
In 2015, Co-op Atlantic sold its grocery distribution operations to
Sobeys
Sobeys Inc. is the second largest supermarket chain in Canada, with over 1,500 stores operating across Canada under a variety of banners. Headquartered in Stellarton, Nova Scotia, it operates stores in all ten provinces and accumulated sales o ...
. As part of the sale, Sobeys became the wholesale supplier for its member-owned grocery stores, while five Co-op grocery stores were sold to Sobeys and converted to
Foodland, and five gas stations were sold to Sobeys and rebranded as either
Shell
Shell may refer to:
Architecture and design
* Shell (structure), a thin structure
** Concrete shell, a thin shell of concrete, usually with no interior columns or exterior buttresses
** Thin-shell structure
Science Biology
* Seashell, a hard o ...
or FastFuel.
Main enterprises
The following is a list of the main enterprises.
References
See also
*
List of Canadian supermarkets
{{Canadian Supermarkets
Companies based in Moncton
Consumers' co-operatives of Canada
Food and drink in New Brunswick
Cuisine of Atlantic Canada