East Village Feed has the scoop, so to speak: Red Mango on St. Mark's Place has shuttered! And EVF got a response from the Red Mango corporate office on why:
Dear Loyal Red Mango Fan,
Thank you for your email. To help answer your question, we are focusing our efforts on locations that align with our strategic growth plan. The St. Mark’s location no longer meets our long-term goals, so we have made the decision to close the location. We are always looking to expand to new areas and encourage you to check our website for updates announcing new locations (www.redmangousa.com).
Anyway, maybe this is some kind of Hilly karma... Red Mango took over the site of the old CBGB shop. I even made a joke on March 29, 2008, that the old CBGB shop would probably become a FroYo place. And looked what happened!