The Spice and Tea Exchange®
THE SPICE & TEA EXCHANGE® NAMED TO ‘INC. 5000 LIST’ FOR FIFTH YEAR
ST. AUGUSTINE, Florida (August 15, 2024)—The Spice & Tea Exchange® continues to impress, being named to ‘Inc. 5000 List’ as one of the fastest-growing, privately held companies in America. This St. Augustine-based company curates the finest spices, herbs, aromatics, blends, salts, teas, honey, and syrups worldwide and sells them at its nearly 100 franchise stores across the nation. Under the skillful leadership of CEO Amy Freeman and President Penny Rehling, The Spice & Tea Exchange® was listed 189 on the Southeast Regional List and 4,420 on the Inc. 5000, the nation’s most prestigious ranking for independent businesses.
“On behalf of everyone at The Spice & Tea Exchange, we want to express our deepest gratitude to our dedicated franchise owners, who are truly the backbone of our success,” says Amy Freeman, CEO of The Spice & Tea Exchange®. “Their unwavering commitment and passion have been instrumental in our growth and in earning our spot on the ‘Inc. 5000 List.’ We also want to extend our heartfelt thanks to our incredible corporate team, whose dedication to our mission of ‘Creating and sharing the experience of a more flavorful life’ drives us forward every day.”
“As we celebrate our achievement of ranking 4,420 out of 5,000, we are more motivated than ever to enhance our guest and employee experience and aim for a place in the top 1,000,” continues Penny Rehling, President of The Spice & Tea Exchange®. “Together, we will continue to make every day flavorful and extraordinary.”
The Spice & Tea Exchange® had an impressive 77 percent three-year growth rate from 2020 to 2022. Along with the other 1,131 companies that made the Regionals list, it contributed to an overall $75.9 billion in revenue and added 96,129 jobs to the U.S. economy in 2022. To qualify for the ‘Inc. 5000 List’, companies must be U.S.-based, privately held, for-profit, and independent. Founded in 2008 in St. Augustine, Florida, The Spice & Tea Exchange® is a retail brand with franchise stores in nearly 100 locations, from Alaska to Maine and everywhere in between. It is focused on sourcing high-quality products from organic and fair-trade vendors, choosing Grade A spices and loose-leaf teas. Signature blends are hand-mixed in-store, and owners work closely with local producers to create the freshest wares. Customers can smell each product and even enjoy fresh brews at select stores featuring in-house tea bars. This creates a unique sensorial experience that has helped propel The Spice & Tea Exchange® to nationwide recognition. To explore the array of spices, blends, teas, and sweeteners available, visit The Spice & Tea Exchange®’s online shop or use the store locator to find a local shop. Press release photos.
ABOUT THE SPICE & TEA EXCHANGE®: Founded in 2008, The Spice & Tea Exchange® has grown to become a staple in kitchens across America. With a vision to create a one-stop shop where fellow enthusiasts can explore, discover, and share the culinary delights of spices and teas, the company offers an extensive range of products from around the world. Each of their almost 100 franchise locations carries signature products, all hand-selected for quality and flavor, ensuring customers are part of a global culinary adventure right from their own homes. Learn more at spiceandtea.com and follow along on social media @spiceandtea
