Business owned and managed democratically by individual businesses that club together to collectively purchase their inputs. (e.g. Farmers collectively purchasing fertiliser, shop-keepers clubbing together to collectively purchasing their supplies)
Ace Hardware Corporation (USA): A hardware purchasing cooperative representing a number of retailers by buying hardware wholesale for its various shops.
Significance: largest retail cooperative in the USA
Businesses owned and managed by their suppliers (e.g. dairies owned by the farmers who supply to it; fruit processing plants owned by the farmers who supply to it; credit cards owned by banks who supply it with finance)
Land O Lakes (Milk Processor – USA)
Founded: July 8, 1921
Membership: 1,959 direct producer-members, 751 member-cooperatives, 3,963 farmer-owners (2017)
Significance: The world’s largest worker cooperative, a network of cooperatives including a bank, auto, computer, and household goods industries, research and development centers, a university, and a retail chain.
Membership: 102 cooperatives, 85,000 individual members in total
Privacy & Cookies Policy
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.