Red River Co-op

Red River Cooperative Limited
Company typeCooperative
IndustryPetroleum
Groceries
HeadquartersWinnipeg, Manitoba
Revenue$539.7 million CAD (2013)[1]
$61.5 million CAD (2013)[1]
Total assets$161 million CAD (2010)[2]
Websitewww.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

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

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; they shifted focus 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 four locations in Winnipeg and transferred ownership to Red River Co-op. This marked the resumption of food store operations.[5]

See also

References

  1. ^ a b "Red River Co-op pays out $49.7M". Winnipeg Free Press. February 8, 2013. Retrieved 2015-01-08.
  2. ^ "2010 Top 50 Non-Financial Co-operatives in Canada". Statistics Canada. Retrieved 2015-01-08.
  3. ^ "Annual General Meeting Minutes". Red River Co-op. 20 February 2020. Retrieved 23 April 2020.
  4. ^ Food stores. Red River Co-op. Accessed 24 March 2022.
  5. ^ a b c "Four Winnipeg Safeway stores sold to Red River Co-op". 2014-02-14. Retrieved 2024-07-06.