Serving treats throughout the nation’s capital for over a decade, Ice Cream Jubilee is ready for another expansion as it sets out to open new locations. The DC-based ice cream chain is now setting its sights on Baltimore, bringing its renowned flavors to new neighborhoods. As the ice cream industry continues to grow, the economic influence of this industry cannot be overlooked.
Highlights
- Ice Cream Jubilee to open a new location in Baltimore and other areas.
- The new location is set to open this summer, but the specific date has not been released yet.
- The expansion underscores the growing influence of the ice cream industry.
DC-Based Ice Cream Jubilee to Expand Soon
Ice Cream Jubilee has been serving consumers for over a decade, and this ice cream chain is only growing. As the chain announces its expansion plans, it reflects the momentum of a growing industry. The renowned flavors of Ice Cream Jubilee are ready to take over new metropolitan areas and are expected to draw interest from local customers.
Baltimore and Other Areas Part of the Expansion Plan
Ice Cream Jubilee shared its plans to open new locations in Baltimore and Tenleytown neighborhoods earlier this month. The plans were shared through a statement posted online by the company. However, the statement did not reveal the exact timeline for when the new locations will be open to the public.
The Baltimore chain will be opened in the Harbor Point area, while Washington’s Tenleytown neighborhood will see the new store on 4620 Wisconsin Ave. NW. The company is steadily expanding its number of locations, bringing its treats to numerous neighborhoods throughout the metropolitan area.
The Ever-Growing Ice Cream Market
The ice cream industry is certainly one of the most profitable industries today. The ever-growing ice cream industry has seen a significant boom as many new and chain sellers are gaining market share. While Ice Cream Jubilee has a significant number of stores, its competitors are not falling behind. Van Leeuwen, Yala Greek Ice Cream, The Charmery, and many other brands are also seeing positive growth in recent years.
Economic Influence of the Ice Cream Industry
According to a report from the International Dairy Foods Association, the ice cream industry contributes $11.4 billion to the U.S. economy while supporting more than 27,000 jobs in the dairy industry. The influence of this industry can be seen as it is not only the dairy industry that is gaining benefits but also the retail market. Despite the Washington area’s low retail vacancy rate, which has led to an above-average rent growth, ice cream stores continue to open in new locations, which again shows the demand of this industry.
