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  • Cold Stone Creamery Accelerates Global Expansion
    Posted on : 2011-07-15

    Cold Stone Creamery is taking its ultimate ice cream experience to the far reaches of the globe. The brand and its parent company, Scottsdale-based Kahala Corp., announced this spring that new master franchise agreements with partners in Singapore, Cyprus and Brazil will allow Cold Stone stores to open in those regions before year-end.

    Six stores also are expected to open in Malaysia by 2014 as part of the agreement with the Singapore franchise partner, and Greece will have eight stores by 2016 under the Cyprus arrangement.

    The first new country Cold Stone Creamery is planning to expand into in 2011 is Singapore through Kitchen Language. Kitchen Language is the master partner for Cold Stone in Singapore and Malaysia and is the food and beverage arm of Singapore largest private developer, Far East Organization.

    Formed in 2008 to bring bold and refreshing food and beverage concepts to Singapore, Kitchen Language is planning to open 10 Cold Stone stores in Singapore and six stores in Malaysia by 2014, with the first location opening on March 12, 2011, on Orchard Road, the most famous road in Singapore.

    The next master franchise agreement signed with Cold Stone Creamery was with Gustatus Ltd. for expansion into Cyprus and Greece. Gustatus Ltd. is the food and beverage sector of Top Retail Co Ltd., which is the leading retailer and fastest growing company on the island. Cold Stone Creamery will be the first of its kind in Cyprus and Greece, serving both premium ice cream and a unique serving experience.

    All three of Cold Stones new international partners offer a breadth of knowledge, experience, restaurant operations know-how, key real estate skills and successfully drive traffic to their stores. Each company has a successful reputation of quality and innovation in their respective marketplaces, making Kitchen Language, Gustatus Ltd., and J.J.F. Franquias LTDA the ideal partners for the Cold Stone Creamery brand in their respective markets.

    Cold Stone Creamery explosive international growth began in November 2005 when the company opened its first international store in Tokyo, Japan. Today, Cold Stone stores are operational with more than 345 international locations in 16 different countries including China, Korea, Canada, Denmark and the United Arab Emirates.