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Tag: dairy queen

  • Dairy Queen’s Exciting Expansion: 187 New Restaurants to Debut in Asia and Middle East

    Dairy Queen’s Exciting Expansion: 187 New Restaurants to Debut in Asia and Middle East

    Dairy Queen, a renowned international fast-food chain, is accelerating its global growth strategy with ambitious plans to establish 187 new outlets across Asia and the Middle East. This move signals one of the company’s most aggressive international growth initiatives in recent times.

    Breaking New Ground

    The company has inked fresh development agreements, marking its entry into Hong Kong, Macau, and Taiwan. It is an unprecedented move that not only establishes its presence in these regions for the first time but also bolsters its existing operations in the Middle East.

    Shanghai Dairy Queen Limited, a significant player in the company’s expansion, is managing the introduction of the brand into Hong Kong and Macau. The plan outlines the opening of 60 and 12 outlets in these locations, respectively.

    Partnerships and Expansion

    In Taiwan, an entirely new territory for the brand, Dairy Queen has formed a strategic alliance with SFB Corporation Limited and Shanghai Dairy Queen Limited. The partnership aims to launch 100 restaurants over the next decade, commencing with a grand market debut at Taipei 101 on November 18.

    In the Middle East, the company’s long-standing franchisee, Al-Majid Jawad WLL, is set to add 15 new restaurants in Qatar by 2030, expanding its total footprint in the region to 25 locations. The company anticipates the initial wave of these new Dairy Queen outlets to begin operations next year.

    A Strategic Move

    Nicolas Boudet, COO International at International Dairy Queen, underscored the importance of entering new markets and reinforcing existing ones as a critical aspect of the company’s growth strategy.

    “We’re thrilled to expand our global footprint with the aid of experienced franchise ownership groups,” said Boudet. “These groups are committed to running successful restaurants with teams dedicated to fulfilling our mission of creating positive memories for everyone who comes into contact with Dairy Queen.”

    Dairy Queen, which was established in 1940 and is now a subsidiary of Berkshire Hathaway, currently operates more than 7,700 restaurants worldwide.

    Questions & Answers

    What are Dairy Queen’s expansion plans in Asia and the Middle East?
    Dairy Queen plans to open 187 new restaurants across Asia and the Middle East. This includes establishing a presence in Hong Kong, Macau, and Taiwan for the first time.

    Who are Dairy Queen’s partners in their expansion into Taiwan?
    Dairy Queen has partnered with SFB Corporation Limited and Shanghai Dairy Queen Limited to launch 100 restaurants in Taiwan over the next ten years.

    How many Dairy Queen restaurants are there worldwide?
    Dairy Queen currently operates more than 7,700 restaurants worldwide.

  • Dairy Queen and Papa John’s Pizza China owner in play

    Dairy Queen and Papa John’s Pizza China owner in play

    A majority stake in the operator of the Dairy Queen and Papa John’s Pizza chains in China is likely to go on the market.

    Citing sources with knowledge of the matter, Bloomberg has reported that EQT, the Swedish private-equity owner of 57 per cent of China F&B Group is considering selling its stake.

    China F&B operates about 600 Dairy Queen stores across the country, and Papa John’s Pizza has around 250 outlets, but it is not clear how many of those are owned by China F&B.

    While no sales process has commenced at this stage, EQT has consulted with investment banks

    Bloomberg estimates the value of China F&B Group at between $100 million and $200 million.

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  • Dairy Queen seeks growth througout Asia

    Dairy Queen seeks growth througout Asia

    Ice cream/fast-food restaurant Dairy Queen seeks to expand in Asia, first focussing on South Korea.

    CEO Troy Bader says the Berkshire Hathaway subsidiary has more than 450 locations in Thailand and more than 800 in China.

    “Asia, and really Southeast Asia, have been wonderful markets for us,” he says. And despite worsening trade relations between the US and China, it is not likely the company’s plans to expand into Asia will be affected, reports DevDiscourse.

    Dairy Queen opened its first store in Seoul at the end of last year and has just launched its third outlet.

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  • Dairy Queen Korea to debut in theatre district

    Dairy Queen Korea to debut in theatre district

    Dairy Queen Korea is about to make its debut.

    The fast food chain will open a DQ Grill and Chill store in Seoul’s theatre district, Daehangno.

    The American restaurant chain, famous for its Blizzards – McFlurry-esque ice cream treats that don’t drip even when held upside down – plans to open 50 stores in Hongdae, Gangnam, Itaewon and other areas of South Korea within the next five years.

    DQ Grill and Chill is a full-service concept restaurant which offers an expanded menu.

    There are over 6800 Dairy Queen stores globally, with the company’s shareholders including billionaire investor Warren Buffett.

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  • Dairy Queen signs to expand into South Korea

    Dairy Queen signs to expand into South Korea

    US fast-food restaurant company International Dairy Queen (IDQ) has signed a multi-unit development agreement to expand into Korea.

    It plans to open 50 DQ Grill & Chill locations within the next five years in conjunction with privately held M2G USA Investment, which has a diversified business portfolio including restaurants, hotels, public storage, household appliance manufacturing, shoes and global real estate. M2G USA Investment is also a partner for Taco Bell restaurants in Korea and the US.
    IDQ president/CEO John Gainor says the brand is continuing to expand into new markets internationally. In Korea its outlets will serve a full range of food options, including its signature GrillBurgers, chicken-strip baskets, chicken sandwiches, salads and sandwiches.

    Korea’s DQ Grill & Chill restaurants will also feature the full menu of DQ treats, including the signature Blizzard Treats, MooLatte frozen coffee-flavoured beverages, soft-serve cones, sundaes and cakes.
    The DQ system has more than 6700 locations, more than 2200 of them outside the US. IDQ is a subsidiary of Berkshire Hathaway, led by investor Warren Buffett.

  • Anti-Hindu posters at Texas “Dairy Queen” removed

    Anti-Hindu posters at Texas “Dairy Queen” removed

    Anti-Hindu signs at Kemah (Texas) restaurant of “Dairy Queen” (DQ), which upset Hindus worldwide found highly inappropriate, have been reportedly removed.

    Dean A. Peters, Associate Vice President of Communications of American Dairy Queen Corporation headquartered in Minneapolis, in an email response to Hindu statesman Rajan Zed, wrote on March 31 evening: “We are pleased to announce that as of Wednesday, March 30th, the DQ location in Kemah, Texas is now under new ownership and all interior and exterior signs posted by the former franchisee were immediately removed from that location.”

    Zed, who is President of Universal Society of Hinduism, in a statement in Nevada today, thanked International Dairy Queen (IDQ) Inc. for understanding the feelings of the community and resolving the issue.

    But, Rajan Zed pointed out, that DQ appeared to have been shirking from its responsibility by not formally apologizing for allowing these derogatory signs reportedly posted at its Kemah store for many months. DQ seemed to have even failed to follow its own “Mission Statement: To create positive memories for all who touch DQ” by permitting such disparaging signs.

    Zed urged IDQ Inc. CEO John P. Gainor Junior to come up with an official apology and institute a mechanism in its franchise operations ensuring that such belittling of religions did not happen in the future. Posters reportedly displayed at its Kemah store were highly inappropriate and trivialized the oldest and third largest religion of the world with about one billion adherents and a highly philosophical thought.

    International Dairy Queen Inc.; based in Minneapolis; is a subsidiary of Omaha headquartered Berkshire Hathaway Inc.; serving treats and food in over 6,600 locations in USA, Canada and 28 other countries since 1940. Warren E. Buffett is the CEO of Berkshire Hathaway Inc.