Chelmsford Star proposes Central Co-op transfer in significant move for UK retail co-operation
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Chelmsford Star Co-operative has announced plans to join forces with Central Co-op through a proposed transfer that would create a society with a turnover exceeding £1 billion. If approved by members, the move would mark a bold commitment to co-operative growth and long-term member value.
Two co-operative societies with over 320 years of combined heritage are proposing a transfer that would see Chelmsford Star Co-operative become part of Central Co-op.
The move, unveiled during the UN’s International Year of Co-operatives, signals a shared ambition to create a stronger, values-led society that champions communities, empowers colleagues and delivers greater value for members. If approved by Chelmsford Star members, the transfer would create a £1bn plus co-operative business with enhanced resilience, scale and impact.
In a joint statement, Barry Wood, CEO of Chelmsford Star Co-operative, and Debbie Robinson, CEO of Central Co-op, said: "This is an incredibly exciting moment for co-operation. During the UN International Year of Co-operatives, we have a shared vision to be a leading force in the co-operative movement, realising the transformative impact that co-operatives have on economies, communities and individuals."
Chelmsford Star, which has served Essex communities for over 150 years, operates 34 food stores, nine funeral homes and two travel agencies. In May, prior to recommending the transfer, Chelmsford Star decided to close its department stores.
Central Co-op, owned by over 500,000 members, is one of the UK's largest co-operatives and trades across 22 counties and operates in food, funerals and property investment.
The proposed transfer is subject to Chelsford Star member approval at two Special Members’ Meetings on 16 July and 5 August. Full details at chelmsfordstar.coop.
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