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UK F&B group buys 62 Australian airport stores

Inside Retail

SSP Group has been operating in Australia since 2007. “Our enlarged business in Australia will have the opportunity to become a regional centre of excellence.” The transaction is expected to be completed by the end of June, pending regulatory clearance and client consents.

Returns 275
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Platypus opens 200th store, promises 30 more by June

Inside Retail

Platypus, which was acquired by Accent Group in 2007, currently has 167 stores in Australia and 34 in New Zealand. Sneaker retailer Platypus has opened its 200th store, marking a “significant” milestone in the company’s history.

Location 264
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Apple to pull the plug on iPod after 20 years

Inside Retail

The version that has been carried to date – the iPod Touch – was launched in 2007, the same year as the iPhone. The iPod has undergone several iterations since its inception featuring a scroll wheel, the capacity to store a 1000 songs and a 10-hour battery life. Apple stopped reporting iPod sales in 2015.

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Alibaba CEO and Chairman to Focus on Ecommerce Giant’s Cloud Unit

Retail TouchPoints

Daniel has made exceptional contributions to the development of Alibaba Group since joining the company in 2007, and he demonstrated extraordinary leadership in navigating unprecedented uncertainties affecting our business over the past few years,” said incoming Chairman Tsai in a statement.

Planning 278
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Mad Mex names Therese Frangie as CEO after founder moves into strategy role

Inside Retail

Meanwhile, Clovis Young who started Mad Mex in 2007 said it was the “right time” for Frangie to “officially step into the CEO role”. “As Of her appointment, Frangie said she will be “laser-focused” on delivering sustainable growth and expansion while not wavering from operational excellence.

Returns 246
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Amazon Appoints Insider as CEO of Worldwide Stores

Retail TouchPoints

Herrington joined Amazon as VP of Consumables in 2005, launched Amazon Fresh in 2007 and was promoted to SVP of Consumables in 2014. Amazon has named 17-year company veteran Doug Herrington to the renamed role of CEO of Worldwide Amazon Stores, filling the position left vacant by former CEO of the Worldwide Consumer Dave Clark.

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Starbucks Joins Growing List of Companies Exiting Russia

Retail TouchPoints

Starbucks entered the Russian market in 2007 and its franchises in the country are operated by Kuwait-based Alshaya Group. “As In a statement made May 23, 2022, Starbucks’ CEO Kevin Johnson noted that the company will support its nearly 2,000 associates in Russia with six months of pay and job search assistance.

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