Significant Global Cooperatives

Purchasing Cooperatives:

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.

Founded: 1924
Significance: largest retail cooperative in the USA
Membership: 5,000 individual shop-owners (2017)
Turnover: $5bn (2015) 

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