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It's important to note that the Salling Group is privately owned with only a few owners [1]. It's easier for such companies to do such things than a publicly ow
by abdullahkhalids 1y ago
It's important to note that the Salling Group is privately owned with only a few owners [1]. It's easier for such companies to do such things than a publicly owned one.
[1] https://en.wikipedia.org/wiki/Salling_Group https://en.wikipedia.org/wiki/Salling_Group
- glxxyz 1y agoPublic companies do this sort of thing too, or at least they used to. It's typically grouped under 'Corporate Social Responsibility'. They aren't doing it out of pure altruism: From https://benevity.com/resources/corporate-social-responsibility-benefits https://benevity.com/resources/corporate-social-responsibili... "CSR increases customer retention and loyalty: Research shows that 87% of Americans are more likely to buy a product from a company that they can align their values with, and over half of all consumers are willing to pay extra for a product if they’re buying from a company with a sturdy CSR strategy."