Industry Retail, Agriculture Key people Don Morris CEO Website www.radstockcoop.co.uk Number of employees 369 (2014) Net income 213,729 GBP (2015–2016) | Area served Somerset, England Members 7,000 (2014) Founded 1868 Type of business Consumer Co-operative | |
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Headquarters Radstock, Somerset, United Kingdom Revenue 37.6 million GBP (2015–2016) Total assets 13.4 million GBP (2015–2016) Profiles | ||
Radstock Co-operative Society is a small regional consumer co-operative, which was established in Radstock, Somerset in 1868 and today operates fifteen food stores and across Somerset alongside a 1000 acre farm. It is owned and democratically controlled by its customer members, who numbered approximately 7000 in 2014. The society grew from a turnover of £15 million in 2006 to over £35m by 2016, doubling the number of stores over the period. The business has held the Fair Tax Mark since 2016.
The society operates a large supermarket in Radstock and fourteen convenience shops in nearby areas. 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. 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.