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The Co-operative Group stands apart from other major retailers in the UK as a business which is owned, not by a small group of shareholders, but by more than five million members. With core interests in food, financial services, travel, pharmacy, funerals and farms, it has an annual turnover of £14 billion, employs 123,000 staff and operates over 6,600 retail trading outlets handling more than 20 million weekly transactions.
Following the acquisition of the Somerfield supermarket chain in March 2009, The Co-operative Food is the fifth largest food retailer. The Co-operative Financial Services is one of the largest and most diversified financial mutual businesses, operating The Co-operative Bank, The Co-operative Insurance and Britannia.
The Co-operative is the UK’s number one provider of funeral services, the third largest retail pharmacy chain, a leading travel retailer, and is the UK’s largest farmer.
Among its other businesses are The Co-operative Motor Group, The Co-operative Electrical and The Co-operative Legal Services.
NOMA will see Manchester’s Northern Gateway remodelled into an enlarged and truly mixed use district anchored by corporate office occupiers, retail, residential and leisure uses, and a broad range of SME businesses.
The project will transform 20 acres of Manchester City Centre over a 10 – 15 years period; combining the city’s recognised strengths in commerce, culture and community with the values and principles that set the Co-operative Group apart.
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