What is a Co-op?
A co-op is a business that is owned and operated by a group of individuals for their mutual benefit. People organize cooperatives to achieve together what they can't do alone and Co-opportunity is a shining example of that unity and cooperation. Co-ops are a powerful economic alternative, one that acknowledges our interconnectedness and leverages our shared resources.
Formed by four founding members out of a garage in West Los Angeles in 1974, Co-opportunity has been in business over 41 years, and now has over 11,000 member-owners, and serves over 1,800 customers a day.
Our co-op is continuing to thrive and grow, as we plan to open our second location in Culver City in early 2017!
We are also a proud member of the National Co-op Grocers (NCG), a network of over 140 retail food co-ops around the country.
Seven Cooperative Principles
Cooperatives worldwide adhere to the spirit of seven guiding principles outlined by the International Cooperative Alliance. These principles, updated in 1995 in Manchester, England, are:
- Voluntary and Open Membership
- Democratic Member Governance
- Member Economic Participation
- Autonomy and Independence
- Education, Training, and Information
- Cooperation among Cooperatives
- Concern for Community