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Raunds Co-operative Society Limited was a
Raunds Co-operative Society Limited was a 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 t ...
society based in Raunds
Raunds is a market town in North Northamptonshire, England. It had a population of 9,379 at the 2021 census.
Geography
Raunds is situated north-east of Northampton. The town is on the southern edge of the Nene Valley and surrounded by a ...
, Northamptonshire
Northamptonshire ( ; abbreviated Northants.) is a Ceremonial counties of England, ceremonial county in the East Midlands of England. It is bordered by Leicestershire, Rutland and Lincolnshire to the north, Cambridgeshire to the east, Bedfordshi ...
, 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
Rapeseed (''Brassica napus'' subsp. ''napus''), also known as rape and oilseed rape and canola, is a bright-yellow flowering member of the family Brassicaceae (mustard or cabbage family), cultivated mainly for its oil-rich seed, which naturall ...
.
It had 4,297 members in 2003.
It was a subscriber to the Co-operative Party
The Co-operative Party () is a centre-left List of political parties in the United Kingdom, political party in the United Kingdom, supporting co-operative values and principles. The party currently has an electoral pact with the Labour Party. E ...
and a customer member (shareholder) of the Co-operative Wholesale Society
A cooperative wholesale society (CWS) is a form of cooperative federation (that is, a cooperative in which all the members are cooperatives), in this case, the members are usually consumer cooperatives.
The theory, practice and history of th ...
.
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
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 c ...
,
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
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 democr ...
*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, leg ...
References
{{Defunct UK grocers Former co-operatives of the United Kingdom Defunct retail companies of the United Kingdom Companies based in Northamptonshire Consumers' co-operatives of the United Kingdom Retail companies established in 1891 Retail companies disestablished in 2007 Defunct department stores of the United Kingdom 1891 establishments in England 2007 disestablishments in England Raunds