EMERYVILLE Calif. Jamba Inc., operator or franchisor of 726 Jamba Juice locations, said late Thursday that it would close 10 underperforming stores and terminate the leases on seven planned openings. The smoothie specialist also said it would eliminate 53 positions within its corporate support functions. The moves were made as part of Jamba's earlier decision to slow unit growth this year in the face of slowed customer traffic and slumping sales. Data for the latest available quarter, ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to the NRN Digital and Print access package, for only a small additional amount, you can get NRN All Access, which includes premium reports such as the annual NRN Top 200 data. Either way, we ask that you register now. We promise it will only take a few minutes!