Dairy Queen to Increase China Stores More Than 60% by Next Year
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International Dairy Queen Inc., the U.S. fast-food and ice-cream chain owned by Warren Buffett’s Berkshire Hathaway Inc., plans to increase its outlets in China by more than 60 percent by the end of next year.
The company aims to have more than 500 stores in the world’s most populous nation by December 2011 from more than 300 now, Jean Champagne, chief operating officer of Dairy Queen’s international groups division, said today in Shanghai.