
Saratoga Business Journal
By Christine Graf
Almost 80 years ago, the Dake brothers opened their first Stewart’s ice cream shop in Ballston Spa. Today, Stewart’s Shops has 357 stores and more than 5,000 employees on the payroll.
Each year, the company spends approximately $50 million to purchase property, build new stores, and renovate existing stores.
“For the last five to ten years, that has been our model,” said Robin Cooper, public relations manager for Stewart’s Shops. “We identify which stores don’t have the food-to-go option—the pizza, the sandwiches, the soups. That’s been our growth area, and that’s what customers seem to be wanting more of. Some of our older stores may have been renovated but may not have been expanded to the level where we can add some of those things.”
When expansion isn’t possible, the company sometimes purchases nearby property, building a new store and shuttering the old one. That was recently the case for the small shop located at the corner of Watervliet-Shaker and Old Loudon Roads in Latham. Expansion of the store, one built in 1981, was not possible, and there was no adjoining property available for sale.