Tamworth Co-operative Society

Tamworth Co-operative Society Limited is a small independent consumer co-operative in Tamworth, Staffordshire, England. The co-operative operates a department store, supermarket, 11 convenience stores, and eight funeral care locations, with over 20,000 members and an annual turnover in excess of £23m.[1][2][3]

Tamworth Co-operative Society Limited
FormerlyTamworth Industrial Co-operative Society Limited
TypeConsumer co-operative
IndustryRetail and funeralcare
Founded1886 (1886) in Tamworth
Headquarters5 Colehill,
Tamworth,
Staffordshire,
England
Key people
  • RW Read (Chair)
  • Julian Coles (CEO)
Revenue£23,392,000 (2019)
Total assets£13,681,000 (2019)
Total equity£2,380,723 (2019)
Members20,193 (2019)
Number of employees
283
Websitetamworth.coop
Footnotes / references

Arising from a sense of fair play, a meeting was held at the Victoria Road schoolroom in Tamworth on 13 November 1886, where it was proposed that "a co-operative society be formed in Tamworth". The motion was unanimously carried and the society began trading from a modest rented cottage on 10 December. On 15 March 1887 the society was legally incorporated as the Tamworth Industrial Co-operative Society Limited. The co-operative celebrated its centenary in 1986, when membership passed the 35,000 mark.[4]

As a consumer co-operative the society is owned by its members, who are both customers and shareholders. Through the co-operative principle of one member one vote the society is governed by a member-elected board of directors alongside annual general meetings.[5] The society is a member of Co-operatives UK, The Co-operative Group and the Federal Retail and Trading Services food buying group.

See also

References
  1. "Mutuals Public Register: Tamworth Co-operative Society Limited (2582R)". mutuals.fca.org.uk. Financial Conduct Authority. Retrieved 2021-02-04.
  2. "Tamworth Co-operative Society". www.tamworth.coop. Retrieved 2021-02-04.
  3. Hadfield, Miles (22 June 2020). "Tamworth Co-op beats expectations as trading surplus rises 1.5%". Co-op News. Retrieved 4 February 2021.
  4. "Our Roots". www.tamworth.coop. Retrieved 2021-02-04.
  5. "Board of Directors". www.tamworth.coop. Retrieved 2021-02-04.
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