Cold Stone Creamery Announces Caribbean Expansion Plans

Cold Stone Creamery Announces Caribbean Expansion Plans

Cold Stone Creamery Continues to Expand with Plans for New Store Openings in Trinidad and Tobago and More

Scottsdale, Ariz.--(BUSINESS WIRE)--Today, Cold Stone Creamery, world-renowned innovator of super-premium, personalized ice cream, has reached an agreement with Sundaes Limited, a wholly owned subsidiary of Flavorite Foods Ltd., to open up to 14 stores in the Caribbean over the next five years. More specifically, this territory includes the following countries: Trinidad and Tobago, Grenada, Barbados, Saint Vincent, Saint Lucia, Dominica, Antigua, Saint Kitts, Jamaica, Saint Martin, Aruba, Bonaire, Curacao, Suriname and Guyana.

The first Cold Stone Creamery in the Caribbean is slated to open in July of this year in Trinidad and Tobago, followed by another store opening within the territory later this year.

"Since the Caribbean is known as a prime vacation venue, Cold Stone Creamery's latest expansion provides an opportunity to extend our reach and brand awareness to not just the locals of the region, but also to the thousands of tourists visiting the islands each year," said Lee Knowlton, Chief Operating Officer for Kahala. "We are happy to have found a partner with the experience and passion to bring the Cold Stone Creamery concept to life in the Caribbean."

With more than three decades of experience, Flavorite is the leading manufacturer and marketer of branded ice cream products, frozen novelties, and cultured products in the Caribbean region. Based in Trinidad, Flavorite is the largest ice cream company in the English-speaking Caribbean. They maintain the marketing and distribution of products in 11 countries in the Caribbean.

Cold Stone Creamery's 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 100 international locations in 11 different countries, including Korea, China, Indonesia, Taiwan, Mexico, and the United Arab Emirates.

About Cold Stone Creamery

Cold Stone Creamery delivers The Ultimate Ice Cream Experience® through a community of franchisees who are passionate about ice cream. The secret recipe for smooth and creamy ice cream is handcrafted fresh daily in each store, and then customized by combining a variety of mix-ins on a frozen granite stone. Headquartered in Scottsdale, Arizona, Cold Stone Creamery is a subsidiary of Kahala Corp, one of the fastest growing franchising companies in the world, with a portfolio of 12 quick service restaurant brands. Cold Stone Creamery operates more than 1,450 locations in 11 countries worldwide.



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