retail cooperative

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retail cooperative

an organization that is owned by its consumers. This form of organization provides an alternative mechanism for a firm to identify consumer wants: meetings with consumers replace market forces. In many cases not all consumers hold share capital. Nevertheless, they will receive a small annual dividend based on profits on sales. In this instance ownership is notional rather than real. See WORKERS' CO-OPERATIVE.
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A farm cooperative in Tamari village, Ibaraki Prefecture, shipped imported pork as domestically produced to a consumers' cooperative in Tokyo for more than 11 years, the Tokyo cooperative said Tuesday.
The Co-Op Blue Square Consumers' Cooperative Society Ltd.
the "Company") (NYSE: BSI) announced today that, following claims made by a few members of the Co-Op Blue Square Consumers' Cooperative Society Ltd.