Jamba to refranchise 114 units

Jamba to refranchise 114 units

Fresh juice platform boosted 3Q same-store sales

Jamba Inc. plans to refranchise about 114 company-owned units in California during the first half of 2015, accelerating its move to a more asset-light business model, the company said Tuesday after reporting third-quarter earnings.

James White, Jamba’s chairman, president and chief executive, said once the refranchising goal is met, the brand will be more than 80-percent franchised, a move designed to lower costs as the chain attempts to double its unit growth. Jamba pl

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