X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

A recent Wall Street Journal article examines the problems faced by Cold Stone Creamery, the ice-cream chain that was one of the hottest expanding concepts a few years back.The article says that 100 stores closed last year and that “one list on a Cold Stone Web site recently had 303 stores for sale — more than 20% of the company’s 1,384 as of December.”Among the problems that the chain is apparently facing are a high-priced, $4 scoop in a challenging economy, over expansion and tough margins that have put the squeeze on franchise owners.We seem to remember similar problems taking place with other higher-end ice cream concepts like Ben & Jerry’s. Cold Stone did expand awfully fast, and at least in certain parts of the country, we would think that demand for ice cream from November through well into March is pretty low.But is Cold Stone and its segment of food retailing alone? Starbucks has cut back its domestic expansion plans. Can you think of any other food-related chains from which we will hear similar news?

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.