All Articles Tagged "philanthrophy"
(USA Today) — First there was Panera’s non-profit concept store “Panera Cares Cafe” where all profits go to charity; then high-end retailer Nordstrom announced it would test out a charity-driven business model this fall in New York City’s Soho district. And now? Rapper Jay-Z is wading into the charity space with a similar business model. Indeed, the mogul has announced plans for a new restaurant and nightclub in London in partnership with soccer star Ashley Cole (ex-husband of former X-Factor judge Cheryl Cole) with a percentage of profits going to different charities each month, according to U.K. newspaper, The Sun.