The Co-operative Group is aiming to have 20 million members within the next decade, chief executive Peter Marks has revealed. That would mean about a third of the UK's population would be part of the Manchester-based group's dividend scheme by 2020.
Mr Marks has stated his target as he announced a group restructure which will see its financial services and trading businesses brought together.
It is hoped that closer working between the Co-op's different divisions – ranging from food stores to pharmacies - will lead to the development of new initiatives to help grow its membership.
Mr Marks said: “These changes will help us develop our plans to grow the group and serve our members and customers even better.
