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100% of the firm to a trust co-owned by employees of the company. In May 2019, Richer, then aged 60, announced that he had transferred ownership to employees by passing 60% of his shares to a trust, as well as separately paying each of his over 500 employees, excluding directors, a thank you bonus of
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193:. This shop established the record for highest sales per square foot of any retail outlet in the world in 1994, a record still current in 2023 according to the
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is a
British home entertainment retailer that operates through a chain of 50 stores and online, mainly in England. The business was 100% owned by
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for transparency over tax disclosures and the amount it pays, and a part of the Living Wage Scheme, set up by the
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Managementtoday.com: Ninety-five per cent of this man's staff say they love working for him. What's his secret?
232:'Retailer of the Year' or 'Best Retailer' awards, including for 2010, 2011, 2015, 2018 2019, 2021, and 2022.
629:"Forget Uber, it's Julian Richer who has shown us how to save capitalism – by giving away his business"
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315:"'I lack a spoilt child to run the business': Hi-fi tycoon Julian Richer to leave company to his staff"
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Richer Sounds formally began trading in 1978 when Richer, then aged 19, opened his first shop near
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BBC reports on Richer Sounds being named as winner of the Which? High Street Shop Survey, 2011
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TopMBA.com: Increasing human and social capital by applying job embeddedness theory
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CustomerServiceWorld.com: Julian Richer talks about employee suggestion schemes
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243:. Founder Julian Richer backed the Living Hours campaign, which seeks to curb
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517:"Richer Sounds owner hands over control of TV and hi-fi retailer to staff"
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735:"Jet2 becomes first airline to win Which? Travel Brand of the Year"
429:"Music to their ears: Richer Sounds boss's move is warmly welcomed"
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601:"Why Julian Richer Gave His Multimillion-Dollar Firm To Employees"
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373:"A capitslism that makes everyone Richer – by giving it all away"
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545:"Vodafone dividend cut is a cautious move, not cause for panic"
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265:"Ethical Capitalist Julian Richer gave staff richer pickings"
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792:"Which? Awards 2022: full list of winning brands revealed"
905:: Julian Richer talks about employee suggestion schemes
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838:"New Director of the Living Wage Foundation Announced"
342:"Richer Sounds business to be bequeathed to employees"
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announced to the press that, upon his death, he would
866:"Firms face pressure to improve zero-hours contracts"
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Consumer electronics retailers of the United
Kingdom
763:"Octopus Energy revealed as winner at Which? Awards"
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401:"Richer Sounds boss wants to 'do the right thing'"
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484:"Richer Sounds founder hands business to staff"
958:Employee-owned companies of the United Kingdom
658:"Employee ownership can make societies richer"
573:"Richer Sounds founder hands control to staff"
235:Richer Sounds is an accredited holder of the
219:In January 2011, Richer Sounds received a
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968:1978 establishments in the United Kingdom
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810:"Why Richer Sounds cares about fair tax"
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189:, with the help of photography retailer
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293:"Greatest sales per unit area annually"
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162:Richer Sounds original logo, 1978-2006
928:: Richer Sounds' charitable donations
339:Jonathan, Moules (19 November 2014).
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963:Retail companies established in 1978
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16:British home entertainment retailer
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146:Richer Sounds store in Southampton
98:Claudia Vernon, Marketing Director
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313:Kunal, Dutta (19 November 2013).
715:"Which? Crowns best of business"
295:. London: Guinness World Records
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790:Turner, Natalie (24 May 2022).
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948:British royal warrant holders
771:(Press release). 20 June 2019
691:"Richer by Royal Appointment"
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154:A typical shop layout in 2009
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196:Guinness Book of Records
175:employee ownership trust
96:David Robinson, Chairman
181:History of the business
843:Living Wage Foundation
241:Living Wage Foundation
215:Awards and recognition
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135:www.richersounds.com
347:The Financial Times
245:zero-hour contracts
122:Number of employees
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818:. 23 February 2017
202:In November 2013,
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94:Julie Abraham, CEO
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846:. 13 January 2016
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874:. 12 June 2019
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237:Fair Tax Mark
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204:Julian Richer
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70:Headquarters
34:Company type
822:23 February
796:Which? News
695:What Hi-Fi?
357:19 February
324:19 February
111:home cinema
942:Categories
850:13 January
700:2017-04-10
299:2023-02-13
251:References
126:492 (2018)
85:Key people
578:The Times
434:The Times
378:The Times
270:The Times
191:Vic Odden
37:Unlisted
871:BBC News
669:Archived
495:Archived
351:Archived
208:bequeath
103:Products
49:Retailer
45:Industry
878:12 June
775:20 June
131:Website
78:England
63:England
55:Founded
768:Which?
747:23 May
740:Which?
720:Which?
675:17 May
641:15 May
613:15 May
606:Forbes
585:15 May
557:14 May
529:14 May
501:14 May
467:14 May
441:16 May
413:15 May
385:19 May
277:18 May
229:Which?
113:&
74:London
65:(1978)
107:Hi-fi
880:2019
852:2016
824:2017
777:2019
749:2018
677:2019
643:2019
615:2019
587:2019
559:2019
531:2019
503:2019
469:2019
443:2019
415:2019
387:2019
359:2014
326:2014
279:2019
39:ltd
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