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, ...
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Contact: Desiree Torres Desiree.Torres@penton.com