Las Vegas (February 12, 2014) – Marshall Retail Group (MRG) looks to expand its reach in the airport retail market by acquiring Olde Mill Co. Olde Mill is a successful, destination themed retailer with more than 30 stores located on the East Coast. Brands include AMERICA!, Kiehl’s, Swarovski and Touch of Color.
This strategic alliance is the culmination of MRG’s desire to grow their presence in the airport market and Olde Mill’s wish to identify a company that has retail experience driven by the tourism industry. Olde Mill brings with it retail locations in some of America’s largest airports, including Baltimore/Washington International Thurgood Marshall, Boston Logan International, Philadelphia International, Ronald Reagan Washington National, and Washington Dulles International. In addition to airports, Olde Mill also offers unique locations that are new to MRG, including Union Station in Washington, DC, and Pentagon City in Arlington, VA. The acquisition also expands MRG’s current presence in Newark Liberty International Airport.
Olde Mill’s most popular and well-known brand America!, provides a memorable shopping experience for domestic and international travellers alike, seeking gifts that reflect the identity and rich American heritage of the local region. It successfully differentiated itself from competitors by focusing on merchandise quality, selection and assortment and constantly updating inventory to reflect the changing trends in the market.
Additional stores incorporated in the acquisition include the extremely popular health and beauty brand, Kiehl’s; and expands MRG’s portfolio of Swarovski store fronts.