Co-operative Federal Trading Services
http://dbpedia.org/resource/Co-operative_Federal_Trading_Services an entity of type: Thing
The Co-operative Federal Retail and Trading Services is the central buying group for co-operative retail societies in the United Kingdom. It came into its current structure in 2015, though its predecessor was established in 1993, and it supplies almost all food bought for sale by the over 4,000 co-operative foodstores in the UK. The buying group is owned and controlled by each of its member societies but is managed by The Co-operative Group on their behalf. It operates by pooling the collective £8.5bn buying power for 18 co-operative societies in the UK, allowing them to negotiate better prices from suppliers, so as to compete effectively with other UK supermarket chains.
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Co-operative Federal Trading Services
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Federal Retail and Trading Services Limited
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Federal Retail and Trading Services Limited
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17543028
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1117880466
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2015
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United Kingdom
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The Co-Operative clover leaf logo.svg
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100
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Managed by
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The Co-operative Federal Retail and Trading Services is the central buying group for co-operative retail societies in the United Kingdom. It came into its current structure in 2015, though its predecessor was established in 1993, and it supplies almost all food bought for sale by the over 4,000 co-operative foodstores in the UK. The buying group is owned and controlled by each of its member societies but is managed by The Co-operative Group on their behalf. It operates by pooling the collective £8.5bn buying power for 18 co-operative societies in the UK, allowing them to negotiate better prices from suppliers, so as to compete effectively with other UK supermarket chains. Federal Retail and Trading Services is a member of the Ethical Trading Initiative (ETI). The current FRTS Managing Director is David McKnight
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7765
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2015