Red River Co-op
 | |
| Company type | Cooperative |
|---|---|
| Industry | Petroleum Groceries |
| Headquarters | Winnipeg, Manitoba |
| Revenue | $539.7 million CAD (2013)[1] |
| $61.5 million CAD (2013)[1] | |
| Total assets | $161 million CAD (2010)[2] |
| Website | www.redriverco-op.crs |
Red River Cooperative Limited, branded as Red River Co-op, is a retail cooperative. A member of Federated Co-operatives, it operates in Winnipeg, Manitoba, Canada.[3]
Operations
[edit]As of 2022 it operates nine Red River Co-op supermarkets, including five in Winnipeg and one each in Gimli, Stonewall, Lorette, and Selkirk.[4] It also operates gas bars and convenience stores throughout the Winnipeg Capital Region and surrounding areas, as well as Northwestern Ontario.
History
[edit]In 1948 Red River Co-op opened their first food stores in Winnipeg.[5]
In 1983 due to poor financial performance they ceased food store operations focusing on their gas bar operations.[5]
In 2014, when Sobeys acquired Safeway they were forced to sell 23 locations by the federal Competition Bureau. Federated Co-operatives acquired 4 locations in Winnipeg and transferred ownership to Red River Co-op. This marked the resumption of food store operations.[5]
See also
[edit]References
[edit]- ^ a b "Red River Co-op pays out $49.7M". Winnipeg Free Press. February 8, 2013. Retrieved 2015-01-08.
- ^ "2010 Top 50 Non-Financial Co-operatives in Canada". Statistics Canada. Retrieved 2015-01-08.
- ^ "Annual General Meeting Minutes". Red River Co-op. 20 February 2020. Retrieved 23 April 2020.
- ^ Food stores. Red River Co-op. Accessed 24 March 2022.
- ^ a b c "Four Winnipeg Safeway stores sold to Red River Co-op". 2014-02-14. Retrieved 2024-07-06.