Jamba Juice and Blendtec to Develop a Fully-Optimized Blending Solution
November 04 2015 - 8:30AM
Business Wire
Jamba® to Incorporate Most Advanced Blending
Technology into Smoothie and Juice Stores Nationwide
Jamba, Inc. (NASDAQ:JMBA) a leading health and wellness brand,
and Blendtec, Inc., developer of the world’s most advanced
blenders, announced today that the companies have entered into a
strategic agreement intended to deliver a fully-optimized blending
solution for Jamba Juice stores. The key focus of the agreement
will be to incorporate long-term optimization of Jamba’s in-store
blending capabilities, foster ongoing innovation, and provide
flexible business terms to Jamba franchise partners as they grow
their businesses.
Blendtec blenders will provide a number of operational
efficiencies, including more powerful and quieter motors, reduced
re-blends, and blend times that will enhance speed-of-service. The
blenders also provide smoother texture to Jamba smoothies and
juices. These improvements are expected to increase customer
satisfaction and support franchise business success.
On an ongoing basis the companies will be highly focused on
developing innovative solutions to meet Jamba’s growing needs. In
addition to the optimized blending solution, the companies have
agreed to implement a proprietary, stand-alone smoothie unit
expected to greatly accelerate Jamba’s JambaGo® and Jamba Express
formats that will open a wealth of new channel opportunities for
the brand.
“The partnership with Blendtec will greatly improve our
operational efficiencies and future innovation,” said James D.
White, chairman, president and CEO, Jamba. “Blendtec is a
highly-capable, solution-oriented company that will provide Jamba
with game-changing solutions and commercial opportunities to extend
the brand.”
Tom Dickson, founder and CEO of Blendtec, is enthusiastic about
the agreement. “At Blendtec, we’re passionate about two things:
good nutrition and innovation. Our agreement with Jamba Juice
further enables us to pursue both, and so we’re excited to work
with them.”
About Jamba
Founded in 1990, Jamba, Inc. 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™,
baked goods, and snacks. As of June 30, 2015, there were 807 Jamba®
stores system-wide in the United States, of which 601 are
franchise-operated stores, and 206 are Company-owned. Jamba is a
proud sponsor of “Team Up for a Healthy America” in the fight
against childhood obesity and encourages fans to join the Team Up
community of celebrities, athletes, and other leaders committed to
getting kids active and involved at www.myhealthpledge.com. 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).
View source
version on businesswire.com: http://www.businesswire.com/news/home/20151104005429/en/
Jamba JuiceMike Fuccillo, Dir. Corporate Communication,
510-596-0100mfuccillo@jambajuice.com
Jamba, Inc. (delisted) (NASDAQ:JMBA)
Historical Stock Chart
From Apr 2024 to May 2024
Jamba, Inc. (delisted) (NASDAQ:JMBA)
Historical Stock Chart
From May 2023 to May 2024