Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  News  >  Companies  >  All News

News : Companies

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors

The Spice & Tea Exchange : Infuses Arizona with Plans to Open 15 New Franchises

share with twitter share with LinkedIn share with facebook
share via e-mail
0
07/13/2018 | 12:14am CEST

ST. AUGUSTINE, Fla., July 12, 2018 /PRNewswire/ -- Millennials and the country as a whole are cooking with more unique and natural spices and drinking more loose leaf tea than ever before – and Arizona is no exception. Savoring an opportunity for growth in the state, The Spice & Tea Exchange®, a gourmet, experience-based spice and tea retail franchise, has announced plans to bring 15 new locations to Arizona.

(PRNewsfoto/The Spice & Tea Exchange)

With a mission of 'Creating & sharing the experience of a more flavorful life', The Spice & Tea Exchange traditionally attracts community-minded franchise partners with a passion for food, tea and customer service as it expands around the country. The brand also succeeds in markets with a thriving, vibrant population of local foodies and year-round tourists, making Arizona an attractive region for growth. Scottsdale, Flagstaff, Chandler and Lake Havasu are among current target markets, with plans to add more.

Continued growth of The Spice & Tea Exchange is driven by the approximately four in five U.S. consumers who drink tea (including 87 percent of millennials) as well as the trend toward fresh and flavorful home-cooking.  The brand also is taking advantage of the popularity of experience-based retail shopping by immersing guests in a sensory experience, allowing them to freely explore the expansive variety of spices, teas, seasonings and gourmet gifts. Store associates will also hand-mix spice blends and guide guests through the aromatic product displays. In addition, many locations across the U.S. recently started offering a tea bar where guests can enjoy their choice of over 30 exotic teas.

Each store carries the following:

  • 140 spices
  • 85 exclusive hand-mixed blends
  • over 30 exotic teas
  • naturally-flavored sugars and salts from around the world
  • gourmet gifts and accessories

"In a digital world, The Spice & Tea Exchange customers appreciate an immersive, engaging shopping experience because it adds value and appreciation to the products they purchase. Guests are naturally drawn to our unique atmosphere and flavorsome aromas," said Martin Amschler, EVP of Franchise Development and Operations. "In Arizona, franchisees will greet an unmatched portion of the U.S. population, as the concept favors bustling urban shopping districts, well-known shopping centers, and popular tourist markets with high foot traffic."

The brand's franchise system is as diverse as the many flavors of spices, teas and seasonings featured at each store. Franchisees range from young entrepreneurs to seasoned corporate executives, small business owners to multi owner franchise veterans. As a franchisor, The Spice & Tea Exchange offers an attractive franchise onboarding package, extensive training, and unique opportunities including financial support from industry leaders and multiple revenue streams through retail and online sales.

As the franchise continues to grow, Amschler notes The Spice & Tea Exchange is looking for eager entrepreneurs interested in area development. "Between a growing demand for our products and a healthy, consistent consumer interest in food trends, there is great opportunity to grow in Arizona."

For more information about franchise opportunities with The Spice & Tea Exchange, please visit https://franchise.spiceandtea.com/ or call 727.786.6644.

About The Spice & Tea Exchange
The Spice & Tea Exchange® was founded in 2008 with a vision to create a one-of-a-kind retail shopping experience. The company has 60+ franchise stores across the United States, providing guests with more than 140 spices, 85 exclusive hand-mixed blends, over 30 exotic teas, naturally-flavored sugars, salts from around the world, gourmet gifts and accessories. For more information, visit https://www.spiceandtea.com/. For franchising information, visit http://franchise.spiceandtea.com/.

 

Media Contact: Reema Nimkar, Fishman Public Relations, 847.945.1300 or rnimkar@fishmanpr.com

Cision View original content with multimedia:http://www.prnewswire.com/news-releases/the-spice--tea-exchange-infuses-arizona-with-plans-to-open-15-new-franchises-300680487.html

SOURCE The Spice & Tea Exchange


© PRNewswire 2018
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news "Companies"
08:41pSun Hing Print year net down 75% to HK$9m; div HK3 cts
AQ
08:41pCHINA RAILWAY CONSTRUCTION : NDRC to ensure sustainability of investment
AQ
08:41pREALORD : buys asset management firm at HK$7.3m
AQ
08:41pPolymath Completes Strategic Investment In Finova Financial
BU
08:40pWILSONHCG : Recognized as a Top Global RPO Provider in HRO Today Baker's Dozen for Eighth Year in a Row
BU
08:39pECOLOGY & ENVIRONMENT INC : Change in Directors or Principal Officers (form 8-K)
AQ
08:39pPHILIPPINE STOCK EXCHANGE : PSEi drops on inflation, US-China trade war fears
AQ
08:39pLIMELIGHT NETWORKS, INC. : to Issue Third Quarter 2018 Financial Results on Thursday, October 18, 2018
BU
08:38pFACEBOOK : yet to comply with EU consumer rules, Airbnb in line - EU sources
RE
08:38pTREE ISLAND STEEL : Announces Renewal of Normal Course Issuer Bid
AQ
Latest news "Companies"