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.