![]() ![]() In 1969, it was renamed to its current name, Coop Genossenschaft (French: Coop société coopérative Italian: Coop società cooperativa). In 1890, many of them joined together to form the Verband Schweizerischer Konsumvereine (VSK) (French: Union suisse des sociétés de consommation (USC)). Over the next years, many other cooperative societies emerged in the country. In 1864, textile industrialist Jean Jenny-Ryffel formed Switzerland's first consumer cooperative in Schwanden in the canton of Glarus. The Coop Group has a workforce of around 90,000. ![]() In total, the Coop Group has around 2,500 retail outlets in Switzerland and 124 cash & carry markets in Switzerland and other European countries. With Transgourmet Holding AG, Coop is Europe's second largest cash & carry and wholesale supplies business. Coop Group operates store formats in the food, non-food and service sectors. The Coop Group is headquartered in Switzerland and operates in the retail, wholesale, and production sectors. It currently markets its services in German, French, Italian, and English. 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. The chain has an online presence at coop.ch. Coop owns the Swiss chocolate company Halba.Ĭoop publishes a weekly magazine called Coopzeitung (in German), Coopération (in French) and Cooperazione (in Italian). The company also sells products bearing the Max Havelaar Fairtrade label.Ĭoop also has a low-cost product line, "Prix Garantie". Coop has three primary brands with a sustainability selling proposition: Coop Oecoplan (various daily life products), Coop Naturaline (textile products) and Coop Naturaplan (food). In June 2011, independent German rating agency Oekom Research awarded Coop with the title of "World's Most Sustainable Retailer". According to Bio Suisse, the Swiss organic producers' association, Coop accounts for half of all the organic food sold in Switzerland. It is structured in the form of a cooperative society with around 2.5 million members.Īs of 2019, Coop operates 2,478 shops and employs more than 90,000 people in Switzerland. “The impact of this partnership speaks for itself, and it is powered by the strong collaboration of the partners that underpin it,” she said.Coop ( German pronunciation: ) is one of Switzerland's largest retail and wholesale companies. With 10,000 care-leaves annually, resource-strapped councils could save millions using meaningful financial education.ĭesiree D’Souza, executive director of innovation and social impact at SeeAbility, said the programme was making a real difference to individuals and communities. It generates £3.36 in social value for every £1 invested and has resulted in direct savings of £300,000 for housing providers. Since 2012, the project has supported 1,600 at-risk young people and has expanded to the point where it expects to serve 800 young people in 2020/21 alone.Ī two-year impact study of almost 1,000 16 to 25-year-olds found a 64 percentage point difference in eviction rates between independently living Money House graduates and young people in boroughs that do not offer the scheme, showing a significant correlation between the Money House and homelessness prevention. The partnership goes far beyond funding, with partners each leveraging their own networks and connections to add value to the project. The project is a collaboration between the financial education charity MyBnk, the Berkeley Foundation, the JP Morgan Chase Foundation and the L&Q Foundation, with additional support from Greenwich, Newham and Westminster councils, the independent living charity Settle and the Behavioural Insights Team. They learn about rent, utilities, debt, budgeting, benefits and employability in order to gain the practical skills to manage their living costs while making informed choices about their future. Over five days, participants are taught by education officers, some of whom have experienced the care system themselves, using non-traditional teaching methods in a real flat, rather than a classroom. The Money House works primarily with 16 to 25-year-olds at the critical point between leaving care and living independently. The most common reason for eviction in the UK is falling behind on rent, making financial education crucial for young people. ![]() One in three care leavers becomes homeless within two years and 25 per cent of homeless people have been in care. The programme addresses the issue of homelessness among care leavers. The Money House is a homelessness prevention programme that supports and empowers care leavers to develop secure money management skills and live independently. ![]()
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