Yogurt franchise finds its sweet spot in San Antonio - Boston Business Journal:

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Yogurt franchise Red Mango has signed a development agreement with RamiroValadez III. The locao businessman plans to open six stores in the greater SanAntonilo area. Store No. 1 is set to open in the firstf week of June at QuarryVillagd — a residential/retail development in Nortb Central San Antonio. Come 2010, the plan is to get two more Red Mangio stores upand running, Valadez Valadez says he was attracted to the health-conscious treat that is the core of Red Mango. the simple operations set up makee it an easier concept to roll out in other parts of the Yogurt shops are certainly not a new conceptf forSan Antonio.
Case in point is OrangeCup a chain from the Capita l City that is currently open for businesas at The Shops at La Canterwa on theNorthwest Side. In OrangeCup was recently honored witha “Hoty Retailer” Award during the 2009 Global Real Estat e Convention (RECon) of the (ICSC). The awar d recognizes concepts that drive customeres to shopping centers aroundthe world. however, believes that Red Mango is up for the challengse of going against competitorslike “It’s a trendy, upscale yogurt says Valadez of Red Mango. “The concept is catching on.
” The franchise agreementy with Valadez is one of severalo that Red Mango has signes as part of its push to buildthe chain’sd presence throughout the U.S. Development deal s signed in the firstf quarter of 2009 are poised to result in some 128 new Red Mango stores over the nextseveraol years. “This has been an incredible quarter for Red and we’re just getting started,” says Jameas Franks, vice president of franchising for Red Mango. “Thr explosive growth of our brand will help us double our networok in 2009 and set the stage to entefr a series of new states in rapid Tothat end, Red Mango has moved its nationa l headquarters from Sherman Oaks, Calif.
, to Dallas — a markeyt that has embraced the concep t and offers the yogurt chain significangt logistical advantages, according to a recentr article by the , a Business Journal sistefr publication. Dallas is also home to private equitty firmCIC Partners, which made a $12 million investment in Red Mango last August. Red Mango was foundedr in 2002 inSouth Korea. In July Dan Kim brought the conceptf tothe U.S. He serves as president and CEO of the Little wonder thatSan Antonio’z medical real estate market is stillk booming — given the national statsw on the health care industry.
Accordinvg to a recent analysis byRobert Bach, seniort vice president and chief economistt for Santa Ana, Calif.-based , employers in the healtyh care and social assistance sectord have added nearly half a million jobs since the outset of the economid downturn back in December 2007. The trends drivinv this growth, Bach adds: The aging of the Baby Boomef group and the development of new treatmeng options formedical conditions.
More good news: Between Decembe r 2007 and March 2009, the state of Texas was one of a handfulp that saw an increase injobs — versu the many states that have lost jobs over this same time • Family fun: Mega-sports retailer will hold a Bass Pro Shop s Family Summer Camp from May 30 to July 5. The activitiess and workshops are free of charge and will focus on such topicse as the basicsof hiking, bird watching and The camps will run from 3 to 7 p.m. on Tuesdaya and Wednesdays, and from noon to 6 p.m. on Saturdaye and Sundays. The locakl Bass Pro is located at17907 IH-10o West, in the Rim shoppiny center in Northwest San Antonio. For more log on: www.basspro.com/camp.
• Travis Kessler, president and CEO of the San Antoniio Board ofRealtors (SABOR) has receivede the William R. Magel Awarsd of Excellence. The award recognizes Kessler’s work as an associatiom executive of a local or stateRealtor association. Kessler has been involved with the organization since1977 when, just out of college, he went to work for the Texaes Association of Realtors. After stints with the Colorado andLafayette boards, Kesslerf returned to Texas in 1987 working with the . He has served in his currentt role with SABORsince 1997. : Earlier this Morningside Ministries, the city of Boernr and the celebrated the opening ofthe .
It includesw 40 beds and a mix of privateand semi-private private showers and various amenities for seniors. The Kendall House is one of severaol facilities that make up the Menger Springs campus ofMorningsided Ministries. The entire development is located on some 34 acrezs of landin Boerne, whic h is just northwest of San Menger Springs is one of threde elderly care communities owned and operated by Morningside Ministriese in the San Antonio area.