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Jamba Juice Eyes 5,000-Store Portfolio

BOSTON-The 633-unit chain plans to open 450 to 500 new stores over the next three years, says management at a CIBC conference.

By Debra Hazel | Updated on July 11, 2007

BOSTON-Determined to spread healthy living through smoothies nationwide, Jamba Inc. will expand its Jamba Juice store count to up to 5,000 stores, as well as its product lines, executives said at the Seventh Annual CIBC Consumer Growth Conference, held here.

Now at 633 units in 22 states, the chain will open 90 company owned and 50 franchised locations this year, and between 450 and 500 new stores in the next three years.

“Ten years ago, I would have told you Jamba Juice and smoothies were a niche concept,” said Paul Clayton, president and CEO of the San Francisco-based company. “Now it’s not just for the fit and active in California. Our mission is to become a world leading source of healthy energy.”

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