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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. Then other flagship stores will be refitted to sit within this model, such as Pacific Fair.”

Balance 264
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Mad Mex exits Asia. Here’s the new growth strategy for Australia

Inside Retail

The move marks the end of the company’s ambitious expansion plan in Asia, shifting focus to the Australian market for the foreseeable future. I started this business in 2007 and we’ve worked tirelessly over the last 15 years to build it so it’s great to be back to 100 per cent ownership. I’m very excited.

Strategy 130
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LSKD appoints first chief retail officer as part of its “audacious” growth plan

Inside Retail

Australian athleisure brand LSKD has appointed its first chief retail officer, the former director of retail for Lululemon ANZ Alex Shaughnessy, as part of its strategy to become a world-class retailer. It was founded in 2007 by Jason Daniel and now has eight retail stores in Australia, one in San Diego, US , with two new stores coming soon.

Planning 264
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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.

Expansion 130
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Why the Kmart-Target back end merger has been a decade in the making

Inside Retail

Compared to its sister brand Kmart, which has seen its market share grow exponentially in the past decade, Target has been suffering a slow decline, with its position in the middle of the market – not quite as value-based as Kmart, and not quite as high-end as Myer – making matters worse.

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How Indian brands could benefit from Walmart’s ambitious export goals

Inside Retail

Just to recap, Walmart first entered the Indian market in 2007 with the wholesale ‘cash and carry’ business, Bharti Retail. Recent reports suggest that Walmart is beating Amazon in India’s fast-growing online retail market, which is expected to be worth $200 billion by 2026.

Strategy 130
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“Building a brand from the ground up”: Inside LSKD’s San Diego expansion

Inside Retail

Sportswear retailer LSKD has been expanding rapidly throughout Australia in recent years, and has now set its sights on a bigger market: the US. Here, we speak to founder and CEO Jason Daniel about the brand’s international strategy, e-commerce’s growing interest in physical retail, and doing more with less. How are you handling that?

Expansion 243