Totally Locally Pete has now joined the shops team and is going to be responsible for reading everything for the first shop to open. This includes all of the checks we need to do re Health & Safety, Employment, etc…but the main thing is identifying local suppliers that can stock the shops. As soon as we know the first location of a shop we will write more about but the aim is to hit 80%-90% of products in the shop being sourced locally so we are looking for suppliers.
Pete has beavering away down his checklist of things that we need to stock and has sent in this little report…
Parfetts is very much a family business, headed by Chairman, Alan Parfett and his sons, Steve and Robert. However, the company structure underwent a major change in 2008, moving towards becoming an employee owned business, with 55% of the shares sold by the family and now owned by an Employee Ownership Trust on behalf of all the staff. The Trust are committed to buying the remaining 45% of the shares at a future date to achieve the aim of Parfetts becoming fully employee-owned. This is enshrined in the company’s basic philosophy which is:
“To continue to grow a successful and profitable business, incorporating the values and ethics of an employee owned company, and to encourage a collective responsibility, that recognises the importance of the welfare and development of both employees and customers.”