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Find sources: "Allendale Co-operative Society" – news · newspapers · books · scholar · JSTOR (October 2018) (Learn how and when to remove this message) |
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Company type | Independent retail co-operative |
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Founded | 24 December 1874; 149 years ago (1874-12-24) |
Headquarters | Allendale, Northumberland, England |
Revenue | £1.9m (2021) |
Total assets | £2.1m (2021) |
Members | 1950 (2021) |
Number of employees | 26 (2021) |
Website | allendalecoop |
Footnotes / references 2021 Annual Returns |
Allendale Co-operative Society is a small consumer co-operative in the village of Allendale, Northumberland, England. Founded in 1874 as the Allendale Industrial and Provident Society, the co-operative is one of the few remaining British co-operative retail societies still operating from a single village store.[1][2]
The co-operative is incorporated as a registered society, and as a consumer co-operative the society is owned and democratically controlled by its members who are its customers.[3] Alongside general meetings the members elect a board of directors to oversee the management of the society.[4]
In 2021 the co-operative had 1950 members, a turnover of £1.9m, assets of £2.1m and 26 employees.[5] In addition to the store the co-operative also operates a delivery service for the surrounding rural area, as well as leasing out another shop in the village to a butchers and some residential property.[2][1][4][6]
As an independent society the co-operative is able to take advantage of the purchasing power of the national retail co-operative wholesaler, Federal Retail and Trading Services, while also sourcing products from local and alternative suppliers.[1][7][8]