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UK F&B group buys 62 Australian airport stores

Inside Retail

With the acquisition, SSP will own all of ARE’s 62 locations in seven Australian airports, which are generating annual sales of approximately $200 million. SSP Group CEO Patrick Coveney said the deal will increase the group’s portfolio of brands and concepts and enable it to enter new prime air locations.

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Platypus opens 200th store, promises 30 more by June

Inside Retail

Platypus has already launched nine new locations this year, with plans to establish an additional 30 by the end of June. Platypus, which was acquired by Accent Group in 2007, currently has 167 stores in Australia and 34 in New Zealand.

Balance 264
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Orlebar Brown opens Sydney flagship in Martin Place 

Inside Retail

The Martin Place flagship location will be Orlebar Brown’s fifth boutique in Australia and will feature the SS23 line, which is suited for summer getaways. The brand, founded in 2007 by photographer Adam Brown, identifies four key holiday categories: beach, sport, resort, and coast.

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7-Eleven parent to sell Sogo & Seibu for US$1.4 billion – report

Inside Retail

Yodobashi will also open stores in several Sogo & Seibu locations in the country. Since 2007, the department chain’s store network has dropped from 28 to 10. The site also said Japanese home appliance store operator Yodobashi Holdings is considering buying some of the Sogo & Seibu sites and diverting proceeds to the US fund.

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Charming Accents in Bubble Tea Store Interior by Mindful Design Consulting

Mindful Design

Since 2007, Ding Tea has had the declared mission of bringing the Taiwanese tea culture to other parts of the world – and has successfully done so.

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How demographics are driving Milligram’s physical retail expansion

Inside Retail

The business was started in 2007 by Scott Druce and Matt Harris. At the time of writing, Milligram had six locations in Melbourne, a seventh in George Street, Sydney, and was on the cusp of opening an eighth in the cosmopolitan inner west Sydney suburb of Newtown. The retail presence, Druce said, is not cookie-cutter.

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World-first Ikea Close to You concept opens in Hong Kong

Inside Retail

Ikea Close to You is also the retailer’s first store located inside a supermarket. The chain entered Hong Kong in 2007 under the name Market Place by Jasons.

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