History
The contemporary FCL is the result of several ongoing co-operative amalgamations. In 1944, the Consumers’ Co-operative Refineries Limited (based in Regina and founded in 1934[8]) and the Saskatchewan Co-Op Wholesale merged to form the Saskatchewan Federated Co-operatives Limited.[8]
FCL purchased Downie Street Sawmills of Revelstoke, British Columbia in 1969. The forest products operation replaced a Smith, Alberta, business FCL sold in 1977.[9]
The United Co-operatives of Ontario were purchased by Growmark in 1994, since operating as FS.[10]
In March 2010, Federated Co-operatives announced an agreement with SeaChoice, a program of Sustainable Seafood Canada devoted to sustainable seafood. Through collaboration, the organizations seek to develop a long term sustainability strategy for seafood sales and procurement in the co-operatives' member businesses.[11]
Federated Co-operatives was awarded the SABEX Environmental & Sustainability award from the Greater Saskatoon Chamber of Commerce in May 2010.[12]
In November 2012, FCL sold its Forest Products Division operations in Canoe, British Columbia to Gorman Bros. Lumber.[13] In August 2013, FCL acquired 17 agri-business locations across Saskatchewan, Alberta, and one in Manitoba, from Viterra, which was in the process of selling its Canadian agriculture business to Agrium. They were transferred to local FCL affiliates, excluding two that were retained by FCL and closed.[14][15][16] In February 2014, FCL acquired 14 grocery store locations from Sobeys; the divestment was to comply with requirements imposed by the Competition Bureau in the wake of its 2013 acquisition of Safeway. These stores, which were mainly former Safeway locations, were transferred to local affiliates and re-branded as Co-op stores in May 2014. The acquisition notably marked the first time since 1983 that Red River Co-op had operated grocery stores in its footprint.[17]
In December 2019, Unifor called for a national boycott of all FCL operations due to a then-ongoing lockout and hiring of replacement workers to replace workers at Co-op's Regina refinery.[27]
In November 2021, FCL reached an agreement to acquire 181 Husky-branded retail locations for $264 million—FCL's largest acquisition to-date. They are located in Western Canada, and will be transferred to FCL affiliates or independent franchisees (under the Tempo banner).[28] The sale was part of the divestment of Husky's retail operations by new owner Cenovus Energy, with the remainder being sold to Parkland Corporation.[29]
In late-June 2024, FCL shut down some of its internal systems as a precaution after reporting that it had been the victim of an cyberattack. Customer data was not believed to have been compromised, but the attack impacted the operations of Co-op retail locations, including grocery inventory shortages, and cardlock outages.[30][31]