Consumers Cooperative Society of Santa Monica
 
 
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Proudly Serving Our Members for Over 75 Years

The Consumers Cooperative Society of Santa Monica was formed in 1936 by a small group of individuals working together to enhance the lives of members and their community.

Now close to 30,000 members strong, the Santa Monica Co-Op is dedicated to providing a variety of services our members need. At the same time, we are committed to supporting local communities through education, financial literacy and community service.


Co-operatives: Beacons of Hope

Lauded for weathering the 2008 financial crisis, but still snubbed in the business ecosystem, the co-operative sector now has reason to be back under the limelight.

The largest 300 co-operatives worldwide have a turnover of $2.2 trillion, according to the 2014 World Co-operative Monitor released [in October] at the International Summit of Co-operatives in Quebec City, Canada.

If the top 300 co-operatives formed a country, the report suggested, their combined turnover would be roughly equivalent to the national income (or gross domestic product) of Brazil, the seventh largest economy in the world.

“Our movement is a global economic player with an important stake in the world’s economy,” said Dame Pauline Green, president of the International Co-operative Alliance, which produced the report.

Source: Financial Times Advisor, October 23, 2014;  Read the full article by Philippe de Montigny


Did you know?

  • Over 1 billion people are members of cooperatives worldwide.1
  • It is estimated that cooperatives account for more than 100 million jobs around the world, 20% more than multinational enterprises.1
  • In the United States, more than 29,000 co-operatives operate in every sector of the economy and in every congressional district. Americans hold over 350 million co-operative memberships. 2
  • Land O’ Lakes, Ace Hardware and Ocean Spray are cooperatives.

 

 

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