Cold Stone Franchise Getting Creamed in the Press

(Franchise Pick Franchise Blog) Things have gotten chilly for Cold Stone Creamery. It started with Richard Gibson’s The Inside Scoop article in the Wall Street Journal:
Earlier in this decade, Cold Stone Creamery was one of the hottest franchises around. The super-premium ice-cream stores attracted scores of franchisees hungry for a piece of the “Ultimate Ice Cream Experience.”
Now many franchisees are selling their stores, overwhelmed by soaring bills and shrinking profits. Some have lost their homes, broken their retirement nest eggs or filed for bankruptcy…
A number of franchisees… contend the company misled them, giving them promises of profit …read more