ESOP arrangement checks 3 key boxes for Room & Board
The Top 100 retailer had key corporate pillars it wanted to satisfy and going 100% employee-owned met those needs.
Stay updated with breaking news from John Gabbert. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The Top 100 retailer had key corporate pillars it wanted to satisfy and going 100% employee-owned met those needs.
The Golden Valley-based furniture retailer Room & Board adopted an employee stock ownership plan, or ESOP, on April 1, 2024.
The Minneapolis-based Top 100 retailer announced it is giving its 1,100 employees a financial stake in the company.
Furniture Industry News: Room & Board join a select global community of purpose-driven companies using their businesses as a force for good.
The Top 100 retailer is certified to meet high standards of social and environmental performance, accountability and transparency.