First store open in the coveted Xinyi shopping district
Jamba Juice Company (NASDAQ:JMBA), a leading healthy, active lifestyle
brand announced today that the Quan Hung Gourmet Company, Jamba’s Master
Franchisee for Taiwan, has opened the first Taiwan location at the Xinyi
Vieshow complex in Xinyi.
This opening delivers the 71st international store outside
the US, and brings to 885 the total number of global stores.
“We are very excited about launching the brand in Taiwan,” said Jack
Hsu, Special Assistant to the Chairman, Quan Hung Gourmet Company. “The
Xinyi district is considered the most modern and cosmopolitan district
in Taipei, and comprised of offices, government, shopping and
entertainment venues. Jamba Juice will be a great addition for its
consumers looking for a healthy alternative, day or night.” The Jamba
store is located inside the Vieshow complex, on the ground floor. It
operates 11:00 to 23:00, seven days a week.
“Jamba is more than excited to expand our footprint in the Pacific Rim
with Quan Hung here in Taiwan,” said Tom Madsen, Senior Vice President &
General Manager, Global Growth, Jamba Juice Company. “This store
represents our 71st store outside of the United States, and
puts us on a path to close the year with about 90 international stores.”
This agreement represents the latest step in Jamba's international
franchise store growth. Currently, Jamba operates international stores
in South Korea, Philippines, Canada, Mexico, UAE, and Taiwan, and has
existing development agreements that include Saudi Arabia, Bahrain,
Oman, Kuwait, Qatar, Thailand and Indonesia.
Jamba Juice is currently awarding franchise opportunities in other
select markets around the globe. For more information, please visit www.jambafranchise.com.
About Jamba Juice Company
Jamba, Inc., owns and franchises Jamba Juice® stores through its
wholly-owned subsidiary, Jamba Juice Company. Jamba Juice Company is a
leading restaurant retailer of better-for-you, specialty beverage and
food offerings, which include great tasting, whole fruit smoothies,
fresh-squeezed juices and juice blends, hot teas and a variety of food
items including, hot oatmeal, breakfast wraps, sandwiches, Artisan
Flatbreads™, Energy Bowls™, baked goods and snacks. As of June 30, 2015,
there were 875 store locations globally. There were 206 Company-owned
and operated stores and 601 franchise-operated stores in the United
States, and 68 franchise-operated international stores. Jamba Juice
Company expanded the Jamba® brand by direct selling of consumer packaged
goods (“CPG”) and licensing its trademarks. CPG products for at-home
enjoyment are also available online, through select retailers across the
nation and in Jamba® outlets in the United States.
Fans of Jamba Juice® can find out more about Jamba Juice's locations as
well as specific offerings and promotions by visiting the Jamba Juice
website at www.jambajuice.com
or by contacting Jamba’s Guest Services team at 1-866-4R-FRUIT
(473-7848).
Forward-Looking Statements
This press release (including information incorporated or deemed
incorporated by reference herein) contains “forward-looking statements”
within the meaning of the Private Litigation Reform Act of 1995.
Forward-looking statements are those involving future events and future
results that are based on current expectations, estimates, forecasts,
and projects as well as the current beliefs and assumptions of our
management. Words such as “outlook”, “believes”, “expects”, “appears”,
“may”, “will”, “should”, “anticipates”, or the negative thereof or
comparable terminology, are intended to identify such forward looking
statements. Any statement that is not a historical fact, including
estimates, projections, future trends and the outcome of events that
have not yet occurred, is a forward-looking statement. Forward-looking
statements are only predictions and are subject to risks, uncertainties
and assumptions that are difficult to predict. Therefore actual results
may differ materially and adversely from those expressed in any
forward-looking statements. Factors that might cause or contribute to
such differences include, but are not limited to, those discussed under
the section entitled “Risk Factors” in our reports filed with the SEC.
Many of such factors relate to events and circumstances that are beyond
our control. You should not place undue reliance on forward-looking
statements. The Company does not assume any obligation to update the
information contained in this press release.
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