DotCooperation is managed by which largest independent consumer co-operative in the UK?
Midcounties Co-operative The Midcounties Co-operative is the largest independent consumer co-operative in the United Kingdom. Registered in England under the Co-operative and Community Benefit Societies Act 2014, it is a member of Co-operatives UK and the Co-operative Retail Trading Group.
The Co-operative Group The Co-operative Group, trading as The Co-op, is a British consumer co-operative with a diverse family of retail businesses including food retail; electrical retail; financial services; insurance services; legal services and funeralcare, with in excess of 4,200 locations. It is the largest consumer co-operative in the UK and owned by more than 4 million active members. Membership is open to everyone aged 16 and over in the society, provided they agree to subscribe £1 sterling in the capital of the society out of their first share of the profits and share the values & principles upon which the group was founded. Members are democratically involved in setting business strategy, decide how social goals are achieved, and share in its profits - in the 2016 £19m was returned to members and their chosen local community causes via the 5+1 scheme. No year end dividend was paid in 2015.