Richer Sounds
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| File:Richer Sounds logo 2016.jpg | |
| Unlisted plc | |
| Industry | Retailer |
| Founded | London Bridge, England (1978) |
| Headquarters | London, England |
|
Key people
|
Julian Richer, Founder David Robinson, Chairman Claudia Vernon, Marketing Director |
| Products | Hi-fi, home cinema, LCD & plasma TV |
|
Number of employees
|
403 (2009) |
| Slogan | The UK’s Hi-Fi, Home Cinema & Flat Panel TV Specialists! |
| Website | www.richersounds.com |
Richer Sounds is a British home entertainment retailer that operates online and through a chain of 53 stores distributed across the United Kingdom. The business is 100% owned by Julian Richer, the founder and managing director of the company.
History of the business
Richer Sounds formally began trading in 1978, when, aged 19, Richer opened his first shop near London Bridge, with the help of Vic Odden, the photography retailer.
For over 20 years this store is listed in the Guinness Book of Records for the highest sales per square foot of any retail outlet in the world.[1]
Richer Sounds was initially known[citation needed] for selling budget audio equipment in a ‘pile it high and sell it cheap’ fashion, but in recent years it has moved upmarket, and expanded its range from just audio products to encompass television and home cinema equipment. An installation service has also been developed.
In 2007/8 the company launched ranges of audiophile hi-fi, multi-room and high-end home cinema separates, with some stores providing demonstration rooms for customers. The company also instituted a corporate rebrand, redesigning their logo and literature and instituting a programme of facelifts, expansions and relocations of their stores.[citation needed]
In November 2013, Julian Richer announced to the press that, upon his death, his testament will bequeath 100% of the firm to a trust which will be owned equally by all employees of the company.[2][3]
Awards
In January 2011, Richer Sounds received a Royal Warrant.[4]
See also
Notes
- The Independent: Julian Richer talks about employee suggestion schemes
- CustomerServiceWorld.com: Julian Richer talks about employee suggestion schemes
- Managementtoday.com: Ninety-five per cent of this man's staff say they love working for him. What's his secret?
- TopMBA.com: Increasing human and social capital by applying job embeddedness theory
- The Guardian: Richer Sounds' charitable donations
- Trainingmag.com: Richer Sounds' suggestion scheme
- BBC reports on Richer Sounds being named as winner of the Which? High Street Shop Survey, 2011
References
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- ↑ Lua error in package.lua at line 80: module 'strict' not found.
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- ↑ http://www.whathifi.com/news/Richer-by-Royal-Appointment/
