Tuesday, March 8, 2016

State of the Bakery

Reflecting on last year now that our tax returns are being assembled, we are happy to report that the Bakery grew at a healthy 20% rate in 2015.  We were able to pay employees an increased average wage of 15%, while our ingredient costs unfortunately grew by 30% due to steep increases in the price of quality nuts, organic flour, butter, and some produce. We donated over $20,000 in cash, in-kind donations, and gift cards to charitable organizations. We look forward to continuing to serve the Triangle community the best we can in 2016.  As always, we hope to hear from you with your feedback!

As a sidenote, we are planning our first NSB Employee Alumni Day for Saturday March 26th to help mark our 35th anniversary.  Check out this link for more information, and if you know any past employees, please share widely: https://www.facebook.com/events/233715140307179/

3 comments:

  1. Well done, Ari. Ninth Street Bakery continues to be a bright spot in the Durham business landscape.

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  2. Congrats! And thanks for continuing to share open data on the business of baking.

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