Retail cooperative

GPTKB entity

Statements (22)
Predicate Object
gptkbp:instanceOf gptkb:collaboration
gptkbp:businessModel Cooperative business model
Varies by country and jurisdiction.
gptkbp:defines A type of cooperative owned and operated by its members for their mutual benefit, focusing on retail services.
gptkbp:distinctFrom Investor-owned retail businesses
gptkbp:example gptkb:REI_(Recreational_Equipment,_Inc.)
gptkb:Co-op_Food_(UK)
gptkb:Eroski_(Spain)
gptkb:The_Co-operative_Group_(UK)
gptkbp:governingBody Democratically controlled by members.
gptkbp:notable_principle One member, one vote.
gptkbp:origin Originated in the 19th century.
gptkbp:ownedBy Owned by its customers or members.
gptkbp:profit_distribution Profits are distributed among members based on patronage.
gptkbp:purpose To provide goods and services to members at competitive prices.
gptkbp:relatedTo gptkb:Consumer_cooperative
gptkb:Cooperative_movement
gptkb:Producer_cooperative
gptkb:Worker_cooperative
gptkbp:sector Retail
gptkbp:bfsParent gptkb:Consumer_cooperative
gptkbp:bfsLayer 5