Jamba Juice (NASDAQ: JMBA) and the SPC Group announced the opening of their fifth Jamba Juice location in South Korea. The store opened in Seocho, a popular residential and commercial district in Seoul and home to the South Korean Supreme Court.
“The speed at which SPC is opening stores speaks to the growing popularity of our brand.”
“The Seocho store represents the fifth Jamba Juice store to open in South Korea in the past five months,” said James D. White, president, chairman, and CEO, Jamba Juice Company. “The speed at which SPC is opening stores speaks to the growing popularity of our brand.”
“The Jamba brand continues to be enthusiastically received by the South Korean population,” said Thibault de Chatellus, senior vice president International, Jamba Juice Company, “We are pleased with our early success in South Korea and look forward to growing and developing our brand in other international markets".
Jamba Juice plans on developing 50 to 70 traditional and non-traditional locations in 2011 and is currently awarding franchise opportunities in select markets around the globe. For more information about joining the Jamba Juice team, visit http://jambafranchise.com.
About Jamba, Inc.
Jamba, Inc. (NASDAQ:JMBA) is a holding company and through its wholly-owned subsidiary, Jamba Juice Company, owns and franchises JAMBA JUICE(R) stores. Founded in 1990, Jamba Juice is a leading restaurant retailer of better-for-you food and beverage offerings, including great tasting fruit smoothies, juices, and teas, hot oatmeal made with organic steel cut oats, wraps, salads, sandwiches, and California Flatbreads(TM), and a variety of baked goods and snacks. As of April 19, 2011, Jamba Juice had 741 locations in the United States consisting of 434 franchise-operated stores, 307 Company-owned stores and 2 international stores. For the nearest location or a complete menu, visit the Jamba Juice website at www.jambajuice.com.
About SPC Group
SPC Group, founded in 1945 has grown into a food specialty company based on baking technology and know-how accumulated over 65 years. Today, SPC operates over 4,500 stores and is actively developing franchises and its bakery business through affiliates such as Paris Croissant, BR Korea (Baskin Robbins, Dunkin’ Donuts), Shany, and Samlip General Foods.SPC has grown into a global company through it affiliates SPC Logistics, SPC Capital, and local corporations in China and the United States.