Radstock Co-operative Society
Radstock Co-operative Society is a small regional consumer co-operative, which was established in Radstock, Somerset in 1868 and today operates nineteen 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.
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 |
The society operates a large supermarket in Radstock and eighteen 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]
In 2020 the society obtained planning permission to replace its Radstock "superstore" with housing and new store development. The old single-storey building was beyond economical repair, and will replaced with two three-storey buildings and a public square.[9]
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[10]
- Coleford, Somerset, 2009 (formerly Crossway Stores)
- Street, Somerset, 2010[11]
- Frome, Somerset, 2011[12]
- Westfield (Fosseway), 2012[12]
- Farrington Gurney, 2013[13]
- Fosseway, 2014
- Frome, Somerset Bath Road, 2015
- Trowbridge, Castle Mead, 2017
- Warminster, Victoria Road, 2017
- Weston-Super-Mare, Milton Road, 2018
- Bridgwater, Paragon Place, 2018
References
- Report and Financial Statements - 52 week period ending 22 February 2014 (PDF) (Report). Radstock Co-operative Society. 2014. Retrieved 10 May 2014.
- Report and Financial Statements - 52 week period ending 27 February 2016 (PDF) (Report). Radstock Co-operative Society. 2016. Retrieved 4 August 2016.
- "About us". Radstock Co-operative Society. Retrieved 10 May 2014.
- 'New Radstock chief gears up for Tesco fight', The Co-operative News, 24 August 2007.
- "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.
- Sumner, Stephen (28 October 2020). "Co-op committed too much to walk away from Radstock development". Bath Echo. Retrieved 28 October 2020.
- "Annual Report 2009/10". Radstock Co-operative Society. p. 3.
- "Annual Report 2010/11" (PDF). Radstock Co-operative Society. p. 16.
- "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.