Strategic Potential of Consumer Cooperatives in Competitive Retail Space: A Case of Warana Bazar, Maharashtra

Manisha Paliwal (), K. K. Tripathy () and Nishita Chatradhi ()
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Manisha Paliwal: Sri Balaji University
K. K. Tripathy: Ministry of Health and Family Welfare, Government of India
Nishita Chatradhi: Sri Balaji University

International Journal of Global Business and Competitiveness, 2024, vol. 19, issue 1, No 6, 62-70

Abstract: Abstract Consumer Cooperatives are democratically managed enterprises catering to members’ consumer goods and service needs. They engage in retailing, wholesaling, and sometimes consumer goods production. However, challenges tied to governance, operations, and management professionalism have strained their efficacy. Particularly post-liberalization, Indian consumer cooperatives faced complexity amid customization demands. The emergence of a modern competitive marketplace necessitated adaptation. Warana Bazar, a pioneering rural cooperative in Maharashtra, navigated these challenges, ensuring sustained growth. This case study documents their journey, spotlighting success factors. The balanced scorecard and strategic maps assess cooperative competitiveness and socioeconomic potential in the Twenty-first Century.

Keywords: Consumer cooperatives; Warana Bazar; Balanced scorecard; Strategic map; Retail marketing (search for similar items in EconPapers)
JEL-codes: L81 M21 P13 Q13 (search for similar items in EconPapers)
Date: 2024
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DOI: 10.1007/s42943-024-00096-4

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