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Richer Sounds business to be bequeathed to employees
[Rock and roll entrepreneur: Julian Richer plays drums in a band and undertakes philanthropic work but remains heavily involved at Richer Sounds
stores of HiFi and TV's.] [Mr Richer, 54, who still holds 100 per cent of the shares in the business he started in 1978, has written the plan into his will, to be enacted on his death, he said.] [Today Richer Sounds is a chain of 52 shops, 46 of which are owned personally by Mr Richer. Only his Belfast store is run as a franchise. For the past two decades, the company’s London Bridge store has held the Guinness World Record for most sales per square foot of any retail outlet. The business has been held up as a model for customer service and staff engagement in retail.] Ref : FTcom and Radio5 Live http://im.ft-static.com/content/imag...af5c3bb3d2.img He wants Richer Sounds left to the Workers when he is dead. He is one of a kind |
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