this post was submitted on 06 Oct 2026
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[–] crbn@lemmy.world 1 points 9 hours ago (1 children)

Like IGA. Pretty sure they’re owned by individuals.

[–] Nath@aussie.zone 5 points 9 hours ago

Owned by individual isn't the same thing. Whoever owns the IGA still has an interest in making a profit. A Co-op is like a club where the store is owned by club members. The idea is the store sells everything at/near cost price.

Whether your co-op can buy cheaper than Colesworth retail prices is a different matter.

The Government however can in theory buy products at enough scale to be at a comparable wholesale price to Colesworth - and if they start selling at/near wholesale cost price, it can put pressure on the duopoly to actually compete.