The picture shows the first premises of this organisation, before they moved in, at the corner of Falmouth Street and Maryland Street in Stratford. Started by a group of men at Stratford Railway Works. In 1929 it amalgamated with the Edmonton Society to form the London Co-Operative Society.
At the wonderful Edith's Streets we find another building similar to the one in Bow Road "Hoe Street, 277 Jubilee Branch of the Stratford Co-operative and Industrial Society. A long range of shops with a plaque showing beehive motifs and a dedication to the opening. Built 1911 and 1915 by W H. Cockcroft, with two round-headed gables, a turret and a dome."
The modern co-operative movement started in the north of England in the mid 19th century. They run businesses for the benefit of the members rather than for the benefit of share-holders. The businesses are often food retailing though they can be anything including financial services and funerals. We are not sure that the word "Industrial" adds anything significant.