RISE - Menu Monitor

International Activities |
Cold Stone Creamery plans to expand into Taiwan and China. Mainland China is expected to be home to 105 Cold Stone
Creamery units and Taiwan to have 60 outlets over the next seven years. The company plans to open stores in Taipei, Taiwan
and Beijing and Shanghi, China by spring 2007. (Qsrmagazine.com 11/22/06)
Cold Stone Creamery inked a deal with President Chain Store Corp. to open 105 units in China and 60 in Taiwan over the next
seven years. The first stores are expected to open in Beijing and Shanghai, China, and Taipei, Taiwan, by spring 2007.
(Foodservice Equipment & Supplies 11/22/06; Company Release 11/16/06)
Cold Stone Creamery is continuing its expansion in Asia. The company signed a letter of intent expansion in Malaysia,
Singapore and Indonesia. (AZCentral.com 1/01/07)
Cold Stone Creamery has inked a deal with Apparel Group to open 40 outlets in the Middle East over the next five years.
United Arab Emirates-based Apparel Group will open units in Saudi Arabia, Qatar, Kuwait, United Arab Emirates, Bahrain,
Oman and Jordan. The first store is slated to open in Dubai this May and another unit is expected to open in Saudi Arabia by
year’s end. Cold Stone is also looking to add locations in Mexico and Indonesia as well as other international markets. (The
Phoenix Business Journal 1/30/07)
Cold Stone Creamery plans to open five stores in Japan this spring. The ice cream chain currently has 13 outlets in the
country. (Charlotte.com 4/04/07)
Cold Stone Creamery opened stores in Taiwan and mainland China. The store that opened in Shanghai, China, is the first of
10 planned units in 2007. The Taiwan location that opened in Taipei is the first of five to open in the area in 2007. (Company
Release 5/16/07)
Cold Stone Creamery plans to expand into Mexico, Singapore, Indonesia and Malaysia. The first location in Mexico is slated to
open in September, followed by three more units by the end of 2007. Cold Stone hopes to develop more than 25 units in
Mexico over the next five years. Three stores in Jakarta, Indonesia, are slated to open by the end of the year, with more than
40 Indonesian units opening over the next five years. Cold Stone’s international growth began in November 2005, when the
company opened a store in Tokyo. Since then, Cold Stone has opened 22 stores throughout Japan, Korea, China and Taiwan.
(Fast Casual Online 7/25/07; Company Release 7/24/07)
Personnel |
Ken Sanchez, Director of Purchasing
Kevin Myers, V.P. of Sales & Marketing
Doug Ducey, CEO
D.J. Cole, CFO
Lee Handler, COO
Kevin Burnett, S. Director of Research and Development
News & Other |
Six Flags entered into a multi-year contract with Cold Stone Creamery. Cold Stone will open locations in Six Flags branded
parks and the two companies will collaborate on marketing and promotional initiatives both in-park and at participating Cold
Stone outlets around the country. Among the initiatives is an ice cream dish that will be named for Six Flags. In the first year of
the companies’ collaboration, Six Flags will open eight Cold Stone outlets in its parks, including one unit offering the full Cold
Stone experience. (Forbes.com 12/12/06)
Cold Stone Creamery and Kahala Corp. are merging to form Kahala Cold Stone, a holding company. This move will allow the
companies to compete with private-equity firms for additional restaurant acquisitions. The company’s 13 brands will include
Blimpie, Ranch #1, TacoTime and Great Steak & Potato Co. Terms of the merger were not disclosed. (NRN Daily NewsFax
5/11/07; Company Release 5/11/07; WashingtonPost.com 5/11/07; Nation’s Restaurant News Online 5/07/07)
Cold Stone Creamery and The Original SoupMan, which is owned by Soup Kitchen International, plan to open two versions of
a co-branded outlet. The first will offer the full menu of The Original SoupMan including its soups, salads, sandwiches and
smoothies and the other version will offer soup only. Both will feature Cold Stone’s premium ice cream. Seven limited-menu
Cold Stone-SoupMan outlets are slated to open by the end of May in Chicago; Tempe, AZ; and Long Island, NY. The two fullmenu
stores will debut in New York City this summer. (Company Release 5/07/07; NRN Daily NewsFax 5/08/07)
©Technomic Information Services 2007, CIS profiles may not be copied or distributed in any print or electronic format without a license or written consent.
Technomic believes that its sources of information are reliable, but does not assume any responsibility or liability for the accuracy of the information
published.
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