Nabolag
Nabolag is a term used in Swedish to describe a type of cooperative business model. The term translates to "neighborhood store" or "neighborhood business," reflecting the community-oriented nature of these enterprises. Nabolag are typically small, locally owned businesses that serve their immediate communities. They often focus on providing essential goods and services, such as groceries, household items, and local products. The cooperative structure of nabolag allows members to have a direct say in the business's operations and decision-making processes. This model aims to foster a sense of community, support local economies, and promote sustainability by reducing the need for long-distance transportation of goods. Nabolag have gained popularity in Sweden as a way to combat the decline of traditional retail spaces and to create more resilient and community-focused economic structures.