Mud Bay is an American employee owned pet store. The company was founded in 1988, in a 1905 feed store at Mud Bay Road and Kaiser Road in Olympia, Washington on the then-rural western border of the city, above Mud Bay, the southern end of Eld Inlet.
The first store on Mud Bay Road was originally called "Mud Bay Grainery" after the previous occupant of the building, a health food store called "The Grainery". The owners soon re-spelled the business to "Mud Bay Granary". In 2000, they acquired eight more stores and became a chain. In 2002, the company dropped the word "Granary" to become "Mud Bay" as it is now known. The chain expanded to 13 or 14 by 2004, and continued to expand through the 2009 recession: 17 stores by June 2009, 33 by 2015, 40 in Oregon and Washington by January 2017.
The conversion to an employee-owned company started in May, 2014. The co-CEOs, siblings Lars Wulff and Marissa Wulff, were inspired by The Great Game of Business to do so. On August 20, 2015, the owners and employees signed a "declaration of worker ownership" at the company's annual meeting at Green River Community College. Since then, many of the company's decisions are made by a team called "The 20", most of whom are elected by employee-owner peers.
It was named Pet Business retailer of the year, 2015.
Video Mud Bay pet store
References
- Eric Mathison (June 25, 2010), "Small Businesss Administration-backed loans help local businesses", The Highline Times
- Annie Zak (July 28, 2015), "Seattle pet supply chain Mud Bay to convert to employee ownership", Puget Sound Business Journal
Maps Mud Bay pet store
External links
- Official website
Source of article : Wikipedia