Investment in the wider co-operative sector is still a crucial role for the retail sector, especially for the long-term prosperity of the movement. Partnerships – or co-operation among co-operatives – are needed to ensure a full circle of benefits for all co-ops.
For example, retail co-operatives have long supported credit unions. In recent years, credit unions have opened their doors to Co-operative Electrical, and recently Co-operative Energy, to cross-sell products – for the benefit of both co-operatives.
Large-scale co-operation across the whole movement seems to be an aspiration, when it should be a reality. After all, there is strength in pulling together and presenting a united front.
Read the full article at Co-operative News
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