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The Dairy Queen System opens 500th location in China
The Dairy Queen system, part of Berkshire Hathaway, has opened its 500th location in China and has plans to open more than 100 new restaurants there by the end of 2012.
The 500th Dairy Queen restaurant, located in the Hu Dong finance district in Shanghai, is operated by Shanghai Shida Catering Management Company, which has more than 350 Dairy Queen locations throughout southern and eastern China.
John Gainor, president and CEO of International Dairy Queen, said: “With the world’s fastest growing major economy, China continues to be a tremendous expansion market for the Dairy Queen system and we attribute that in large part to strong alliances with our development partners here, including Shanghai Shida Catering,” said Gainor. “It is a real honour for my team and me to be here for the opening of our 500th store in China.”
Source: The Dairy Queen System
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