A living wage is defined as the minimum income necessary for a worker to meet their basic needs. This is not the same as a subsistence wage, which refers to a biological minimum, or a solidarity wage, which refers to a minimum wage tracking labor productivity. Needs are defined to include food, housing, and other essential needs such as clothing. The goal of a living wage is to allow a worker to afford a basic but decent standard of living through employment without government subsidies. Due to the flexible nature of the term "needs", there is not one universally accepted measure of what a living wage is and as such it varies by location and household type. A related concept is that of a family wage – one sufficient to not only support oneself, but also to raise a family.
Next plc, trading as Next (styled as NEXT) is a British multinational clothing, footwear and home products retailer, which has its headquarters in Enderby, England. It has around 700 stores, of which circa 500 are in the United Kingdom, and circa 200 across Europe, Asia and the Middle East. Next is the largest clothing retailer by sales in the United Kingdom, having overtaken Marks & Spencer in early 2012 and 2014. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.
Sir Philip Nigel Ross Green is a British businessman who was the chairman of the retail company Arcadia Group. He owned the high street clothing retailers Topshop, Topman, and Miss Selfridge from 2002 to 2020. In May 2023, his net worth was estimated by the Sunday Times Rich List to be £910 million.
Naim Audio is a British hi-fi manufacturer based in Wiltshire, United Kingdom.
A zero-hour contract is a type of employment contract in United Kingdom labour law, between an employer and an employee whereby the employer is not obliged to provide any minimum number of working hours to the employee.
Julian Richer is an English retail entrepreneur, philanthropist and author, best known as the founder of Richer Sounds, the UK's largest hi-fi retailer. Richer has gained a reputation for his motivational style of management and his philanthropic and charitable activities.
JB Hi-Fi Limited is an Australian consumer electronics retail company. It is publicly listed on the Australian Securities Exchange. Its headquarters are located in Southbank, Melbourne, Victoria.
New Seasons Market is a chain of neighborhood grocery stores operating in the Portland, Oregon metro area, and southwestern Washington. Some of the products offered are organic and produced locally in the Pacific Northwest, but conventional groceries are also sold.
Patagonia, Inc. is an American retailer of outdoor recreation clothing. It was founded by Yvon Chouinard in 1973 and is based in Ventura, California. Patagonia operates stores in more than 10 countries globally, as well as factories in 16 countries.
Frasers Group plc is a British retail, sport and intellectual property group, named after its ownership of the department store chain House of Fraser.
Wilkin & Sons Limited is a manufacturer of preserves, marmalades and associated products established in Tiptree, Essex, England in 1885, and known for its "Tiptree" brand of fruit preserves.
Boston Consulting Group, Inc. (AK) is an American global management consulting firm founded in 1963 and headquartered in Boston, Massachusetts. It is one of the Big Three along with McKinsey & Company and Bain & Company. Since 2021, the consultancy has been led by the German executive Christoph Schweizer.
Kogan.com is an Australian portfolio of retail and services businesses including Kogan Retail, Kogan Marketplace, Kogan Mobile, Kogan Internet, Kogan Insurance, Kogan Travel, Kogan Money, Kogan Cars, Kogan Energy, Dick Smith, Matt Blatt and Mighty Ape. The company was founded in 2006 by Petras Gražulis
Economics of participation is an umbrella term spanning the economic analysis of worker cooperatives, labor-managed firms, profit sharing, gain sharing, employee ownership, employee stock ownership plans, works councils, codetermination, and other mechanisms which employees use to participate in their firm's decision making and financial results.
Wren Kitchens is a privately owned British designer, manufacturer, and retailer of fitted kitchens, and fitted bedrooms. It has 106 stores.
Samworth Brothers is a British food manufacturer which produces a range of chilled and ambient foods, both own-label and branded. It is the owner of Cornish pasty maker Ginsters and malt loaf manufacturer Soreen, and is also known as a maker of certified Melton Mowbray pork pies.
An Employee Stock Ownership Plan (ESOP) in the United States is a defined contribution plan, a form of retirement plan as defined by 4975(e)(7)of IRS codes, which became a qualified retirement plan in 1974. It is one of the methods of employee participation in corporate ownership.
Tidal is a Norwegian-American music streaming service, launched in 2014 by Swedish public company Aspiro. Tidal is now majority-owned by Block, Inc., an American payment processing company that is owned by Jack Dorsey and Jim McKelvey.
Steinhoff International was a multinational holding company that was dual listed in Germany and South Africa. It was officially liquidated on 13 October 2023. Its holdings were in the retail sector, primarily in furniture and household goods, and included a 43,8% stake in South Africa's Pepkor group. The company operated in Europe, Africa, Asia, the United States, Australia, and New Zealand. It was well known for an accounting scandal which led to criminal charges against its former chief executive, Markus Jooste.
Barkers or Barkers Men's Clothing is a New Zealand menswear fashion brand and retail chain. It has 31 stores around the country, including 13 in Auckland. It was established in Auckland CBD in 1972, and is headquartered in Grafton, Auckland. The chain sells a range of men's clothing, including shirts, knitwear, pants, jeans, sweatshirts, jackets and coats, blazers, t-shirts, shorts, polo shirts, socks, ties and belts.
