Coop (Switzerland)
Coop is one of Switzerland's largest retail and wholesale companies. It is structured in the form of a cooperative society with around 2.5 million members.
As of 2019, Coop operated 2,478 shops and employed more than 90,000 people in Switzerland. According to Bio Suisse, the Swiss organic producers' association, Coop accounts for half of all the organic food sold in Switzerland. In June 2011, independent German rating agency Oekom Research awarded Coop with the title of "World's Most Sustainable Retailer". Coop has three primary brands with a sustainability selling proposition: Coop Oecoplan, Coop Naturaline and Coop Naturaplan. The company also sells products bearing the Max Havelaar Fairtrade label.
Coop also has a low-cost product line, "Prix Garantie". Coop owns the Swiss chocolate company Halba.
Coop publishes a weekly magazine called Coopzeitung, Coopération and Cooperazione.
The chain has an online presence at coop.ch. The web site offers much of the same selection found in the Coop stores and delivers groceries, wine, flowers, books, and other products to customers in Switzerland and Liechtenstein. It currently markets its services in German, French, Italian, and English.
Summary
The Coop Group is headquartered in Switzerland and operates in the retail, wholesale, and production sectors. Coop Group operates store formats in the food, non-food and service sectors. With Transgourmet Holding AG, Coop is Europe's second largest cash & carry and wholesale supplies business. In total, the Coop Group has around 2,500 retail outlets in Switzerland and 124 cash & carry markets in Switzerland and other European countries. The Coop Group has a workforce of around 90,000.History
In 1864, textile industrialist Jean Jenny-Ryffel formed Switzerland's first consumer cooperative in Schwanden in the canton of Glarus. Over the next years, many other cooperative societies emerged in the country. In 1890, many of them joined together to form the Verband Schweizerischer Konsumvereine . In 1969, it was renamed to its current name, Coop Genossenschaft.In 1927, the Verband Schweizerischer Konsumvereine and the Swiss Federation of Trade Unions founded the Genossenschaftliche Zentralbank. It became a shares company in 1970, and in 1995 was renamed Bank Coop. In 1999, the Basler Kantonalbank became the majority shareholder. On 19 May 2017, the institution undertook a comprehensive rebranding and became the Bank Cler.