Radstock Co-operative Society
 | |
| Company type | Consumer Co-operative |
|---|---|
| Industry | Retail, Agriculture |
| Founded | 1868 |
| Headquarters | , |
Area served | Somerset, England |
Key people | Don Morris CEO[1] |
| Revenue | £37.6 million (2015/16)[2] |
| £271,406 (2015/16)[2] | |
| £213,729 (2015/16)[2] | |
| Total assets | £13.4 million (2015/16)[2] |
| Members | 7,000 (2014)[1] |
Number of employees | 369 (2014)[1] |
| Website | www.radstockcoop.co.uk |
Radstock Co-operative Society is a small regional consumer co-operative, which was established in Radstock, Somerset in 1868 and today operates fifteen food stores and across Somerset alongside a 1000 acre farm.[3] It is owned and democratically controlled by its customer members, who numbered approximately 7000 in 2014.[1] The society grew from a turnover of £15 million in 2006 to over £35m by 2016, doubling the number of stores over the period.[4] The business has held the Fair Tax Mark since 2016.
The society operates a large supermarket in Radstock and fourteen convenience shops in nearby areas.[2] [4][5] The supermarket has non-food departments including a travel agent, post office, furniture, clothing, electrical goods, housewares and garden supplies. The society also owns Manor Farm, an organic dairy and egg farm which supplies a substantial portion of the organic milk sold through UK Co-operative Stores.[6][7] It previously owned a Homemaker Furniture store.
The society participates in the British co-operative movement. As well as supplying cheese for national distribution by the Co-operative Retail Trading Group (CRTG) through a milk processor, it obtains food goods from the CRTG. It is a corporate member and shareholder of The Co-operative Group, a national business that is successor to the Co-operative Wholesale Society. In line with many retail co-operatives across the UK, during the late 2000s the society began converting its stores from the 1993 dark blue Co-op cloverleaf branding, to green “The co-operative food” fascias, alongside acquiring stores in Shepton Mallet and Coleford.[5][8]
Locations
- Peasedown St John, 1908
- Timsbury, North Somerset, 1916
- Chilcompton, Somerset, 1919
- Chew Magna, North Somerset, 1924
- Westfield (Elm Tree Avenue), 1940s
- Radstock superstore, 1959[3]
- Shepton Mallet, Somerset, 2008
- Glastonbury, Somerset, 2009[9]
- Coleford, Somerset, 2009 (formerly Crossway Stores)
- Street, Somerset, 2010[10]
- Frome, Somerset, 2011[11]
- Westfield (Fosseway), 2012[11]
- Farrington Gurney, 2013[12]
- Fosseway, 2014
- Bath Road, Frome, 2015
See also
References
- ^ a b c d Report and Financial Statements - 52 week period ending 22 February 2014 (PDF) (Report). Radstock Co-operative Society. 2014. Retrieved 10 May 2014.
- ^ a b c d e Report and Financial Statements - 52 week period ending 27 February 2016 (PDF) (Report). Radstock Co-operative Society. 2016. Retrieved 4 August 2016.
- ^ a b "About us". Radstock Co-operative Society. Retrieved 10 May 2014.
- ^ a b 'New Radstock chief gears up for Tesco fight', The Co-operative News, 24 August 2007.
- ^ a b "Stores". Retrieved 23 October 2012.
- ^ "News: Chickens!". Radstock Co-operative Society. 2008.
- ^ "News: Say cheese!". Radstock Co-operative Society. 2008.
- ^ "News: 140th Anniversary". Radstock Co-operative Society. 2008.
- ^ "Annual Report 2009/10". Radstock Co-operative Society. p. 3.
- ^ "Annual Report 2010/11" (PDF). Radstock Co-operative Society. p. 16.
- ^ a b "Annual Report 2011/12" (PDF). Radstock Co-operative Society. p. 18.
- ^ "Farrington Gurney Convenience Store Now Open". Radstock Co-operative Society. 20 November 2013. Retrieved 20 February 2014.