Yogurt franchise finds its sweet spot in San Antonio - Puget Sound Business Journal (Seattle):

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Yogurt franchise Red Mango has signerd a development agreement with RamirioValadez III. The local businessman planas to open six storesd in the greater SanAntonio area. Store No. 1 is set to open in the firsgt week of June at QuarryyVillage — a residential/retail development in North Central San Come 2010, the plan is to get two more Red Mangko stores up and running, Valadez says. Valadez says he was attractefd tothe tasty, health-conscious trea that is the core of Red Mango.
Plus, the simplw operations set up makes it an easierd concept to roll out in other parts of the Yogurt shops are certainly not a new concept for San Case in point isOrangeCup — a chaijn from the Capital City that is currentlyt open for business at The Shops at La Canterz on the Northwest Side. In OrangeCup was recently honored witha “Hot Retailer” Awar during the 2009 Global Real Estate Conventiom (RECon) of the (ICSC). The award recognizes conceptd that drive customers to shopping centers aroundthe world. however, believes that Red Mango is up for the challengwe of going against competitorslike OrangeCup.
“It’sx a trendy, upscale yogurt shop,” says Valadez of Red “The concept is catching The franchise agreement with Valadeza is one of severalo that Red Mango has signed as part of its push to buildcthe chain’s presence throughout the U.S. Development dealws signed in the first quarter of 2009 are poised to result in some 128 new Red Mangp stores over the nextseveral years. “This has been an incrediblw quarter forRed Mango, and we’rde just getting started,” says James Franks, vice presidengt of franchising for Red Mango.
“The explosivre growth of our brand will help us doubl e our network in 2009 and set the stagw to enter a series of new states inrapi succession.” To that end, Red Mangl has moved its national headquarters from Shermabn Oaks, Calif., to Dallas — a market that has embracedd the concept and offers the yogurt chain significang logistical advantages, according to a recent articler by the , a Busineszs Journal sister publication. Dallaxs is also home to private equity firm CIC which madea $12 million investment in Red Mango last Red Mango was founded in 2002 in Southh Korea. In July 2007, Dan Kim broughg the concept tothe U.S. He servews as president and CEO ofthe firm.
Littl wonder that San Antonio’s medical real estate market is still booming given the national stats on the health care According to a recent analysis by Robert senior vice president and chief economist forSantaa Ana, Calif.-based , employers in the health care and socialp assistance sectors have added nearly half a million jobs since the outset of the economic downturb back in December 2007. The trends driving this Bach adds: The aging of the Baby Boometr group and the development of new treatmeny options formedical conditions.
More good Between December 2007 andMarch 2009, the stat e of Texas was one of a handful that saw an increases in jobs — versus the many states that have lost jobs over this same time • Family fun: Mega-sports retailer will hold a Bass Pro Shopw Family Summer Camp from May 30 to July 5. The activitied and workshops are free of charge and will focus on such topicsx as the basicsof hiking, bird watchint and archery. The campx will run from 3 to 7 p.m. on Tuesdays and Wednesdays, and from noon to 6 p.m. on Saturdayz and Sundays. The local Bass Pro is locatex at17907 IH-10 West, in the Rim shoppingb center in Northwest San Antonio. For more log on: www.basspro.com/camp.
• Kudos: Travis Kessler, presidenft and CEO of the San Antonio Board ofRealtords (SABOR) has received the William R. Magep Award of Excellence. The awarf recognizes Kessler’s work as an associatioj executive of a local or statesRealtor association. Kessler has been involvedf with the organization since1977 when, just out of college, he went to work for the Texax Association of Realtors. After stintds with the Colorado and Lafayette Kessler returned to Texae in1987 — working with the . He has served in his currenf role with SABORsince 1997. • : Earlie r this week, Morningside Ministries, the city of Boernd and the celebrated the opening ofthe .
It includes 40 beds and a mix of privatseand semi-private suites, private showers and various amenitiew for seniors. The Kendall House is one of severall facilities that make up the Menger Springw campus ofMorningside Ministries. The entire developmen is located on some 34 acres of land in which is just northwest of San Menger Springs is one of three elderly care communitiees owned and operated by Morningside Ministries in the SanAntonio