Tuesday, May 29, 2012

Yogurt franchise finds its sweet spot in San Antonio - Minneapolis / St. Paul Business Journal:

titus-neither.blogspot.com
Yogurt franchise Red Mango has signed a developmentf agreement with RamiroValadez III. The locao businessman plans to open six stores in the greateer SanAntonio area. Store No. 1 is set to open in the firsyt week of June at Quarry Village — a residential/retail developmentf in North Central San Come 2010, the plan is to get two more Red Mangoi stores up and running, Valadez says. Valadez says he was attracter tothe tasty, health-conscious treat that is the core of Red Plus, the simple operations set up makezs it an easier concept to roll out in other part s of the city. Yogurt shops are certainly not a new concep t forSan Antonio.
Case in point is OrangeCup a chain from the Capital City that is currentlt open for business at The Shops at La Cantera on theNorthwesyt Side. In fact, OrangeCup was recentlhy honored witha “Hot Retailer” Awarrd during the 2009 Global Real Estate Conventiojn (RECon) of the (ICSC). The award recognizese concepts that drive customersd to shopping centers aroundthe Valadez, however, believes that Red Mango is up for the challengr of going against competitors like “It’s a trendy, upscale yogur shop,” says Valadez of Red Mango. “Ther concept is catching on.
” The franchise agreement with Valadeaz is one of several that Red Mangl has signed as part of its push to build the chain’s presence throughout the U.S. Development deals signee in the first quarter of 2009 are poised to result in some 128 new Red Mangok stores over the nextseveral years. “Thid has been an incredible quarter forRed Mango, and we’re just getting started,” says Jamese Franks, vice president of franchisingf for Red Mango. “The explosive growth of our brand will help us doubler our network in 2009 and set the stage to enter a series of new states inrapie succession.
” To that end, Red Mango has movefd its national headquarters from Sherman Calif., to Dallas — a market that has embraced the concept and offers the yogurt chain significanr logistical advantages, according to a recent article by the , a Businesse Journal sister publication. Dallas is also home to privatew equity firmCIC Partners, which made a $12 milliobn investment in Red Mango last August. Red Mangk was founded in 2002 inSouth Korea. In July Dan Kim brought the concept tothe U.S. He serves as president and CEO ofthe firm. Little wondere that San Antonio’s medical real estate market is stillpbooming — given the national stats on the healtb care industry.
According to a recen t analysis byRobert Bach, senior vice presidengt and chief economist for Sant Ana, Calif.-based , employers in the healtnh care and social assistancw sectors have added nearly half a million jobs since the outset of the economid downturn back in December 2007. The trendes driving this growth, Bach adds: The agingg of the Baby Boomer group and the development of new treatmenf options formedical conditions.
More good Between December 2007 and March the state of Texas was one of a handfupl that saw an increase injobs — versus the many statea that have lost jobs over this same time • Family fun: Mega-sports retailer will hold a Bass Pro Shopes Family Summer Camp from May 30 to July 5. The activities and workshopsa are free of charge and will focuz on such topics as the basicsof hiking, bird watching and The camps will run from 3 to 7 p.m. on Tuesdayx and Wednesdays, and from noon to 6 p.m. on Saturdayds and Sundays. The loca Bass Pro is located at17907 IH-10 in the Rim shopping center in Northwestg San Antonio. For more info, log on: www.basspro.com/camp.
Kudos: Travis Kessler, president and CEO of the San Antoniko Board ofRealtors (SABOR) has received the William R. Magel Award of Excellence. The award recognizes Kessler’es work as an association executivs of a local or stateRealto association. Kessler has been involved with the organization since1977 when, just out of he went to work for the Texasd Association of Realtors. After stints with the Colorado andLafayettr boards, Kessler returned to Texa s in 1987 — working with the . He has serves in his current role with SABORsincwe 1997. • : Earlier this Morningside Ministries, the city of Boerne and the celebratee the opening ofthe .
It includes 40 beds and a mix of privatand semi-private suites, private showers and variousa amenities for seniors. The Kendall House is one of several facilities that make up the Menger Springs campus of Morningside The entire development is located on some 34 acrew of landin Boerne, which is just northwest of San Menger Springs is one of three elderly care communitiesx owned and operated by Morningsider Ministries in the San Antonio

No comments:

Post a Comment