EMERYVILLE Calif. After reporting a second quarter loss of $89.2 million, Jamba Inc.’s new management team, which has been on the job for three weeks, said it would close additional Jamba Juice locations, terminate more employees and shift the company’s focus to franchised unit growth and its ready-to-drink retail products. The parent company to 518 Jamba Juice stores and franchisor to an additional 218 units said it identified about 20 restaurants it could soon close, depending on ...
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Contact: Desiree Torres Desiree.Torres@penton.com