From nationally branded retailers to mom-and-pop shops, businesses have greater buying power when they join a purchasing co-op. The daily news is one such example; founded in 1848, the Associated Press is owned by thousands of newspapers, radio and television stations, and online companies. Another example is in the hardware industry, where dealer-owned wholesale hardware cooperatives Ace Hardware, True Value and Do It Best help nearly 15,000 American family-owned and independent retailers like Holden Hardware compete with big chains.
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