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Beautiful Misfits

TKE: Supermarkets and sustainability with Richard Walker, Iceland MD

Beautiful Misfits

Mary Portas

Society & Culture, Business

4.5834 Ratings

🗓️ 12 August 2021

⏱️ 37 minutes

🧾️ Download transcript

Summary

Richard Walker has taken his father’s business in a new direction since taking the helm. A passionate believer in the good that all businesses can do, and the critical importance of their role in combatting environmental damage, he’s committed to initiatives including banning palm oil in own-brand products to waging war on plastic. It’s created a lot of kickback and Richard has been on the end of some pretty stringent attacks. But he’s got broad shoulders. Join him and Mary as they talk business doing better and how supermarkets can contribute to lasting change. Mary's new book, Rebuild: how to thrive in the new Kindness Economy is available to buy now. To get in touch with team Portas, email us at: [email protected] Subscribe to the Portas POV Newsletter for musings, provaction insights and inspiration. Want to keep up-to-date with all things Portas? Follow us here: Instagram ** Linkedin ** Twitter

Transcript

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0:00.0

Hello, I'm Mary Portis, and this is The Kindness Economy, a podcast that looks at the new values

0:05.9

driving the businesses of tomorrow, people, planet, and profit. In that order, it's the future.

0:13.2

Are you ready for better? I'm going to start with a story from my childhood. Oh, my kids would go,

0:19.5

yeah, yeah, mum, we've heard this one before.

0:21.3

And maybe many of you have heard this before, but I want to explain about value.

0:28.1

You see, I didn't come from a middle class background. My parents arrived in Watford in the

0:32.3

late 50s as Irish immigrants and soon had a family of five to raise, five children, two year one year gap,

0:39.3

two year one year get my poor mother. My dad worked in sales and my mother in the home and money

0:45.3

wasn't exactly growing on trees, but I never felt that we had less. My mother budgeted tightly

0:51.6

and I absorbed from her the concept of good value.

0:56.0

Well, for me at the time, some of it was stuff I didn't want,

0:59.0

like a woolen jumper that she could darn or knit,

1:02.0

but it also meant a less expensive cut of meat that she could put into a stew.

1:07.0

It was also about more than just cost.

1:10.0

It was about longevity and usefulness.

1:13.5

And somehow, though, in the years since then,

1:16.6

and this, believe me, is not me being nostalgic.

1:19.4

Listen up carefully to this.

1:21.5

The critical word good has been erased from our concept of value.

1:34.3

Today, we've been taught to believe that value means cheap, or to use the marketing speak, affordable.

1:39.3

This is noble, according to the marketers.

1:42.3

They say it's about democratising access to a whole range

...

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