The RochdalePioneers established the first modern cooperative business, the Rochdale Equitable Pioneers Society, in 1844 in the town of Rochdale, England
Cooperatives adhere to cooperative principles and values that reflect social, political, and business concerns
Co-ops worldwide still follow the spirit of the Rochdale Principles, which include:
Voluntary and Open Membership
Democratic Member Control
Member Economic Participation
Autonomy and Independence
Education, Training and Information
Cooperation among Cooperatives
Concern for Community
Voluntary and open membership: Cooperatives are open to all persons willing to use their services and accept membership responsibilities without discrimination
Democratic member control: Members actively participate in setting policies and making decisions in cooperatives
Member economic participation: Members contribute equally to and democratically control the capital of the cooperative, benefiting in proportion to their business conducted with the cooperative
Autonomy and independence: Cooperatives are autonomous, self-help organizations controlled by their members, ensuring democratic control and maintaining autonomy
Education, training, and information: Cooperatives provide education and training for members, elected representatives, managers, and employees to contribute effectively to cooperative development
Cooperation among cooperatives: Cooperatives work together locally, nationally, regionally, and internationally to serve members effectively and strengthen the cooperative movement
Concern for community: Cooperatives focus on member needs and work for sustainable community development through policies and programs accepted by members
Cooperatives in the modern marketplace have been successful in helping farmers with marketing and purchasing, but less successful in large cities with modern large-scale stores
Marketing cooperatives do business at wholesale and retail levels, preparing raw products for consumers and combining retail, wholesale, and manufacturing to maximize savings
In the late 19th century, Rochdale became known as "the birthplace of cooperative retailing" when the Co-operative Wholesale Society (CWS) was founded there.
Rochdale's population grew rapidly during the Industrial Revolution due to its location on major trade routes and access to raw materials such as coal and iron ore.
By the mid-1800s, Rochdale had become one of the largest towns in Lancashire, with a population exceeding 50,000 people.
The success of the CWS led to the establishment of similar societies across England and Wales, contributing to the growth of the cooperative movement.
The town experienced significant growth in industries like textiles, engineering, and printing, leading to an increase in demand for housing and services.
The town's history includes the founding of the first industrial co-operative society in Britain, the Spinners' Society, in 1834.
The first recorded mention of Rochdale is from the Domesday Book, which was compiled in 1086.
Rochdale has also seen the establishment of other major cooperatives such as the Co-op Group, which operates food stores, funeral services, pharmacies, travel agencies, and insurance businesses.
The CWS is now one of the largest consumer cooperatives in the world, operating over 200 superstoresacross the UK.
The town experienced significant growth in industries like textiles, engineering, and printing, leading to an increase in employment opportunities and economic prosperity.
The development of new technologies and transportation networks further boosted economic activity in Rochdale.