MarketWatch:
Red Mango, the #1 Zagat-rated frozen yogurt and smoothies chain in America, enjoyed a record year for franchise development in 2011.
The company awarded agreements for more than 70 new domestic locations, expanded the chain from 102 to 151 open stores, and added the states of Connecticut, South Dakota and Tennessee to the roster for stores in development.
Growth in North America also included the first international development agreement for Red Mango. Under an exclusive arrangement, Cinemex, a leading national chain with 184 movie theaters operating across Mexico, will develop and open Red Mango stores in Mexico starting in 2012.