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A Lichfield-based business has been named as one of the top five co-operatives in the UK.
Central England Co-op, which has more than 400 food stores, funeral homes, florists and travel shops jumped up one place from last year in the list of co-operative businesses based on turnover.
Debbie Robinson, Central England Co-op chief executive, said:
“This report showcases the importance of co-operative businesses and how our co-operative difference is what sets us apart.
“Our member-owned, community focused, co-operative business achieved this result thanks to the support of our colleagues, customers and Members pushing us to become a diverse, progressive, relevant and inclusive society.
“We will continue to highlight our point of difference – our co-operative values and principles – as we position ourselves at the heart of communities we serve and aim to thrive as a successful independent society.”Debbie Robinson, Central England Co-op
The result of The Co-op Economy report means that Central England Co-op is the highest placed independent retail co-operative, with Co-op Group, John Lewis, Arla Foods and the National Merchant Buying Society filling out the rest of the top slots.
The data also revealed that the UK’s 7,063 co-operative companies have a combined turnover of £38.2billion, up £350million from 2019.
Nick Matthews, chair of Co-operatives UK, said:
“There’s an appetite for a different economy to emerge from this crisis, with many people talking about the need to ‘build back better’.
“If we are to rebuild a fairer economy, provide decent livelihoods and support communities we need more co-ops, mutuals and social enterprises.”Nick Matthews, Co-operatives UK
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