The society operated a large supermarket and a department store in Raunds, and as of 2007 held 350 acres (1.4 km2) of farmland at Northdale Farm, farming wheat and oilseed rape. It had 4,297 members in 2003. It was a subscriber to the Co-operative Party and a customer member (shareholder) of the Co-operative Wholesale Society.
In 1983, it merged with the Ringstead Distributive Co-operative Society.
In early 2007, directors of the society presented to members a plan to merge with the much large Midlands Co-operative Society, but it did not reach the required vote of two thirds of members when put to a special general meeting on 5 July 2007. However, a confirmatory meeting was held on 16 August and this time the vote to merge was carried. The two societies merged on 26 August 2007.
- "Raunds Co-operative Society Limited, number 3003R". Mutuals Public Register. FSA. Retrieved 11 August 2008.
- "Midlands in Raunds merger talks". Co-operative News. 18 May 2007. Retrieved 11 August 2008.
- "Record profits for Raunds Co-op". Co-operative News. 17 November 2003. Retrieved 11 August 2008.
- "Members set to seal Raunds' future". Co-operative News. 21 June 2007. Archived from the original on 18 July 2011. Retrieved 11 August 2008.
- "Press release: Statement relating to merger between Midlands Co-o". Midlands Co-operative Society. 23 August 2007. Retrieved 11 August 2008.