The Franchise Owner's most trusted news source


Log In / Register | Apr 23, 2017

Jamba Names Pace as CEO; Federico as Chair

Jamba new CEO Dave Pace
Jamba's new CEO, Dave Pace. photo/jamba

EMERYVILLE, Calif.— Jamba Juice (NASDAQ:JMBA) announced this morning that it has named David A. Pace as the company's new chief executive officer. He will begin on March 14. Jamba has also appointed existing director Richard L. Federico to chairman of the board. He will remain an independent director on the board.

Jamba Forced to Downsize Credit, Uses Franchisee Ad Funds as Collateral

Jamba Juice Kaneohe, Oahu, HIEMERYVILLE, Calif.—On the last day of 2015, smoothie chain Jamba Inc. (NASDAQ:JMBA) announced it had filed a Form 8-K with the Securities & Exchange Commission, reporting that Wells Fargo has reduced the franchisor's revolving line of credit from $15 million down to $10 million.

Jamba Franchisees’ Sales Decline in 2013

Jamba Juice at night
Jamba Juice neon sign. Photo by BMM

EMERYVILLE, Calif. – Jamba Inc. (NASDAQ:JMBA) reported on Thursday that its comparable sales for its five hundred franchised stores decreased 0.6 percent in 2013.

Will McD's Smoothie Create a Meltdown?

Uh oh. McDonald’s may be repeating a history lesson that the company first taught in the mid-1990s when it stole the frozen yogurt market almost overnight. 

Jamba Counteracts McDonald's Smoothie Moves

Imitation may be the sincerest form of flattery, but Jamba Juice is reacting to McDonald's incursion into its traditional territory by taking strong countermeasures.

Supplies Thin, McD Cancels Free Smoothies

CHICAGO —McDonald’s smoothie roll-out has been so successful that the firm announced it is canceling a promotional giveaway of the new fruit drink this week,