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Co-op News (August 2019)

What is co-operative culture - and why does it matter? This issue looks at how co-op values intersect with the values in organisations, across movements and between countries. Plus 100 years of the Channel Islands Co-operative – and how the new Coop Exchange app is tackling the capital conundrum.

What is co-operative culture - and why does it matter? This issue looks at how co-op values intersect with the values in organisations, across movements and between countries. Plus 100 years of the Channel Islands Co-operative – and how the new Coop Exchange app is tackling the capital conundrum.

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CHANNEL ISLANDS<br />

CO-OP CELEBRATES<br />

By Anca Voinea<br />

This year marks a milestone anniversary for the<br />

Channel Islands <strong>Co</strong>-<strong>op</strong>erative, whose story began<br />

with the <strong>op</strong>ening of a small St Helier corner sh<strong>op</strong><br />

in June 1919.<br />

Now one of the largest retailers in Jersey<br />

and Guernsey, the co-<strong>op</strong> traces its roots to the<br />

establishment of the Jersey <strong>Co</strong>-<strong>op</strong>erative Society,<br />

which <strong>op</strong>ened its first store at 41 New Street on<br />

30 June 1919, selling confectionery and bakery<br />

products. Two years later the society <strong>op</strong>ened<br />

another store at 24 Charing Cross.<br />

The Jersey co-<strong>op</strong> carried on expanding the<br />

business and acquiring new buildings until the<br />

start of World War II, when the territory fell under<br />

German occupation.<br />

The Channel Islands were the only part of the<br />

British Isles to be occupied by the Nazis during the<br />

war. The Jersey co-<strong>op</strong>erative was able to survive<br />

the challenges faced during this period – and came<br />

out of the war strong enough to enable payment of<br />

a dividend of 5p and a bonus of 1p. After the war,<br />

the Guernsey Society was established in 1947, with<br />

its first sh<strong>op</strong> at No. 2 Market Street.<br />

At the time, both the Jersey and the Guernsey<br />

societies were supported by a CWS supervisory<br />

committee, which meant they were subject to<br />

UK taxation. They decided to merge in 1955 and<br />

registered an office in Jersey. The new Channel<br />

Islands <strong>Co</strong>-<strong>op</strong>erative Society was no longer subject<br />

to UK taxation.<br />

Following the merger, the society continued<br />

to expand and venture into new sectors. Today it<br />

spans a range of businesses, running food stores,<br />

funeral homes, pharmacies, and healthcare<br />

centres. It boasts 125,000 members, the equivalent<br />

of 76% of the total p<strong>op</strong>ulation of the islands,<br />

to whom it returned a total of £7.97m in <strong>2019</strong>.<br />

To celebrate its milestone anniversary, the co-<strong>op</strong><br />

carried out a number of activities and promotions<br />

bringing together suppliers, customers and the<br />

local community to showcase how it has been<br />

making a difference over the past 100 years.<br />

“It’s important to look back at where we’ve<br />

come from,” says Carl Winn, head of marketing,<br />

membership and travel.<br />

“Many companies now have CSR policies but<br />

this has been the backbone of the co-<strong>op</strong>erative<br />

model and what we’ve been doing for 100 years ...<br />

We are at the heart of the community and we will<br />

continue to be so.”

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