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Juice chain retrenches

This article was originally published in Foodnews

JAMBA Juice, the US juice bar chain, has announced that it is reorganising its support functions and closing several underperforming stores. The reorganisation will lead to the elimination of 53 positions in Jamba's support functions, and the company expects to incur US$750 000 in the fiscal second quarter for the restructuring. Jamba will be closing 10 underperforming stores in 2008 and terminate seven signed leases for un-built stores.



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