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Published on
25
100 Things to Watch in 2012
BACK TO 100
Image credit:Treasure & Bond
Retail chains are testing an innovative idea in
social responsibility: nonprofit retail endeavors
that leverage what the companies do best to
benefit communities. Customers take part by
simply consuming as normal. Nordstrom’s new
Manhattan concept store,Treasure & Bond,
gives all proceeds to local charities, as does
Panera Bread Co.’s Panera Cares restaurants,
where customers can pay what they wish. With
growing expectations that brands enhance the
well-being of the communities where they do
business, watch for these nonprofits to gain
wider adoption.
For-Profit Chains, Nonprofit Stores