Jamba Inc. (JMBA) said it has signed a master development agreement with Canada Juice Corp. to develop 80 stores across Canada over the next 10 years.
This agreement represents the latest step in Jamba's international franchise store growth and supplements the recent expansion into South Korea and the Philippines, the company said.
The first Jamba Juice Canadian locations are anticipated to open in late 2011.
The company has over 1,200 stores in 25 countries around the world under several brands including Yogen Früz, Yogurty's, I Can't Believe It's Yogurt, Swensen's Ice Cream, Bresler's Ice Cream and Ice Cream Churn.
by RTT Staff Writer
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