Small independent retailers forming an organization that operates a wholesale facility cooperatively are referred to as a _________.

Question

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Retailer-sponsored cooperatives are formed by small independent retailers who come together to form an organization that operates a wholesale facility cooperatively. These retailers pool their resources and purchasing power to obtain lower prices and better terms from manufacturers and wholesalers. The cooperative members share in the profits and expenses of the organization.

Small Independent Retailers Forming an Organization That Operates a Wholesale