Cold Stone to heat up subcontinent ice cream market
Scottsdale, Ariz. - Cold Stone Creamery is planning to heat up the ice cream market in the Indian subcontinent. The retailer is entering India and Sri Lanka. Kahala Brands, the parent company of the Cold Stone Creamery brand, is partnering with Tablez Food Company, part of Lulu Group International LLC, to open 40 stores in India and five stores in Sri Lanka during the next five years. The first store will open by the end of the year at the Lulu Mall in Kochi, India. The international growth of Cold Stone Creamery began in November 2005, when the company opened its first international store in Tokyo. Today, Cold Stone Creamery stores are operating in nearly 300 international locations and more than 25 countries, including the Philippines, Cyprus, Kuwait, Qatar, Trinidad, Nigeria, Egypt and Indonesia.
