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Old 20-11-2013, 12:03 PM #1
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arista arista is offline
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Join Date: May 2006
Posts: 167,894
arista arista is offline
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Default 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






He wants Richer Sounds left to the Workers
when he is dead.


He is one of a kind

Last edited by arista; 20-11-2013 at 12:12 PM.
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