MBA - (NASDAQ)
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Jamba Announces Significant Progress in International Expansion
Mall of Asia Store in the Philippines Marks the Opening of Jamba’s 30th International Location
EMERYVILLE, Calif.--(BUSINESS WIRE)--Jul. 17, 2012-- Jamba Juice Company (NASDAQ:JMBA) today announced their 30th international store location, with the opening of the company’s third franchise outlet in the Philippines. This newest international Jamba® store is located in the Mall of Asia, the largest integrated shopping, dining, and leisure destination in the Philippines.
Jamba Juice Mall of Asia Store in the Philippines (Photo: Business Wire)
Jamba Juice Mall of Asia Store in the Philippines (Photo: Business Wire)
“The Jamba brand continues to demonstrate strength as evidenced by the positive consumer reception around the globe to Jamba’s better-for-you, great tasting product offerings,” said Thibault de Chatellus, senior vice president International, Jamba Juice Company. “Thanks to the dedication of our franchise partners, we have grown to 30 stores internationally in the past 18 months, opening 20 outlets in South Korea, seven in Canada, and three in the Philippines.”
In 2011, Jamba Juice® announced plans to open 320 international locations over 10 years in collaboration with current international franchise partners. Jamba directly owns and operates more than 300 company stores in the U.S. and has the scale and resources in place to meet the demands of global growth. In 2011, the company quickly established 18 international locations with their international franchise partners and, since the start of 2012, has opened an additional 12 outlets. The company set a 2012 goal to open between 10-15 new international locations.
Jamba Juice Company, makers of “the world’s best smoothie,” is currently awarding franchise opportunities in select international markets to qualified operators who combine a strong food service or specialty retail experience with a proven track-record of developing brands in their local market, and desire to be a part of an iconic, popular, and sought-after healthy, active lifestyle brand. For more information about joining the Jamba Juice team visit www.Jambafranchise.com.
ir.jambajuice.com/...newsArticle&ID=1715180&highlight=
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