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Cold Stone to heat up subcontinent ice cream market
Scottsdale, Ariz. - Cold Stone Creamery is planning to heat up the ice cream market in the Indian subcontinent. The retailer is entering India and Sri Lanka.
Kahala Brands, the parent company of the Cold Stone Creamery brand, is partnering with Tablez Food Company, part of Lulu Group International LLC, to open 40 stores in India and five stores in Sri Lanka during the next five years. The first store will open by the end of the year at the Lulu Mall in Kochi, India.
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A new chapter begins for book retailer
With Amazon.com’s share price approaching $500 on the heels of a highly publicized 20th anniversary promotional event, the struggling Books-A-Million chain announced a deal to go private for a paltry sum.
The Books-A-Million chain was always a distant competitor to the likes of Barnes & Noble and even the now defunct Borders chain. Then along came Amazon.com and Books-A-Million grew more irrelevant. As its sales and profits declined so did its growth prospects in the eyes of investors and its stock price.

