Post by Logan on May 9, 2016 7:30:33 GMT -6
EMERYVILLE (BCN) -- The owner of Jamba Juice, which makes specialty beverage and food items including fruit smoothies, will move its headquarters from Emeryville to a Dallas suburb over the next six months, the company announced.
Jamba Inc. chief executive David Pace said in a press release and a regulatory filing that the high cost of doing business in the Bay Area is a large reason why the company is moving to Frisco, Texas.
In the company's filing with the Securities and Exchange Commission, Pace said, "We believe this move will better position us as we focus on our core strategies. Specifically, the move will allow us to reduce costs, attract and retain talent and provide a more central location for our market expansion plans."
The company said in its press release that the move "is designed to better position the company for sustainable, long-term growth and thus better serve Jamba's franchisees and customers."
Read more: www.sfgate.com/news/local/article/Jamba-Juice-Announces-That-It-Will-Move-To-Texas-7396816.php
Jamba Inc. chief executive David Pace said in a press release and a regulatory filing that the high cost of doing business in the Bay Area is a large reason why the company is moving to Frisco, Texas.
In the company's filing with the Securities and Exchange Commission, Pace said, "We believe this move will better position us as we focus on our core strategies. Specifically, the move will allow us to reduce costs, attract and retain talent and provide a more central location for our market expansion plans."
The company said in its press release that the move "is designed to better position the company for sustainable, long-term growth and thus better serve Jamba's franchisees and customers."
Read more: www.sfgate.com/news/local/article/Jamba-Juice-Announces-That-It-Will-Move-To-Texas-7396816.php