Gardener's Supply Company
Employee-Owned | |
Industry | Retail |
Founder | Will Raap |
Number of locations | 2 retail stores (2014) |
Area served | Worldwide |
Key people | Will Raap, Founder/Chairman |
Products | Gardening items |
Number of employees | 220 (2014) |
Website |
www |
Gardener's Supply Company is an employee-owned company providing environmentally friendly gardening products and information through its website, catalogs, and retail stores.
The Gardener’s Supply Company headquarters in Burlington, Vermont, include administrative offices, a retail store and display gardens. An additional retail store, outlet, and display gardens are located in Williston, Vermont.
Employee Stock Ownership Program
In December 2009, founder Will Raap sold the majority ownership of Gardener’s Supply Company to its employees, officially making the company 100% employee-owned through its Employee Stock Ownership Program (ESOP).[1] The ESOP was adopted in 1987 to allow all employees to earn stock and share in company profits.[2] Current CEO Jim Feinson said the employee-owned company has also developed "a community culture of support" that offers benefits and flexibility to its employees, including encouraging them to make their own schedules.[3]
B Corp Certification
In 2014, Gardener's Supply Company became B Corp-certified.[4]
Founder, Will Raap
In 1983, his interest in food systems led gardener and businessman Will Raap, to found Gardener's Supply. He moved his company to five acres at the entrance to the Intervale, 350 acres of neglected land located in Burlington, Vermont,[5] in 1985. Raap also helped found the non-profit Intervale Center in 1988. As of 2014 it is home to several sustainable businesses in addition to Gardener's Supply Company, including food and flower farms, a café and a market.[6]
Community Involvement and Support
Gardener's Supply Company donates 8% of pre-tax profits to gardening-related community programs and organizations.[7] Organizations supported by Gardener’s Supply include the American Community Gardening Association (ACGA), the Green Education Foundation (GEF) (www
The company established the Garden Crusader Awards[8] to honor individuals who improve their communities through gardening.
Gardener's Supply Company is a Champion Member of Vermont Businesses for Social Responsibility (VBSR), a non-profit trade organization that advances business ethics through education, public influence and workplace quality.[9]
References
- ↑ Patrick, Josh. "The Questions to Ask Before Adopting an ESOP". The New York Times. Retrieved 22 July 2014.
- ↑ Teague, Allison. "Cindy Turcot Grows a Company and Profits for Employees". Vermont Woman. Retrieved 13 April 2014.
- ↑ Monty, Lynn. "The push to help workers with flex-time, paid leave". www.burlingtonfreepress.com. Burlington Free Press. Retrieved 22 July 2014.
- ↑ "B Corp Community, Gardener's Supply Company". Retrieved 13 April 2014.
- ↑ "The Intervale Center: History". Community Food Enterprise. Retrieved 21 April 2014.
- ↑ "The Intervale Center: Introduction". Community Food Enterprise. Retrieved 21 April 2014.
- ↑ "B Corp Community, Gardener's Supply Company". Retrieved 20 April 2014.
- ↑ de Morsella, Tracey. "Gardener's Supply Invites Nominations for Garden Crusader Awards". The Green Economy Post. Retrieved 13 April 2014.
- ↑ "About VBSR". Vermont Businesses for Social Responsibility. Retrieved 21 April 2014.