The arrangement in which small, independent retailers form an organization that operates a wholesale facility cooperatively is referred to as

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The arrangement described in the question is known as a retailer-sponsored cooperative. This type of cooperative is formed by small, independent retailers who pool their resources to operate a wholesale facility that they all benefit from. The retailers maintain their independence while gaining the advantages of scale that come from collective buying power and operating efficiency. This type of arrangement is often used by retailers who face strong competition from larger, national chains.

The Arrangement in Which Small, Independent Retailers Form an Organization