Cold Stone Creamery to open in China and Taiwan

SCOTTSDALE, Ariz. — Cold Stone Creamery, a fast-casual ice cream concept, has reached an agreement with the President Chain Store Corp. to open 105 stores in Mainland China and 60 stores in Taiwan over the next seven years.

 

The company plans to open its first stores in Taipei, Taiwan and Beijing and Shanghai, China by spring 2007.

 

"We are truly excited to partner with PCSC to launch Cold Stone Creamery in China and Taiwan and further our expansion in Asia. We feel they are one of the true leaders in the restaurant/retail world in Asia and share the same desire we do; to make people happy around the world," said Lee Knowlton, senior vice president of Cold Stone Creamery.

 

Currently, PCSC is the largest convenience store operator in Taiwan with more than 4,300 stores. Over the last 30 years, PCSC has introduced brands such as 7-ELEVEN, Starbucks Coffee and Mister Donut to the Taiwan market.

 

According to a news release, Cold Stone Creamery has plans to open international stores in Indonesia, Mexico and the Gulf Cooperation Council (GCC) including the United Arab Emirates (UAE), Saudi Arabia, Kuwait, Oman, Bahrain and Qatar.