DFS to close Changi Airport alcohol stores after 40 years

Travel retail operator DFS has decided to close its liquor and tobacco concessions at Singapore’s Changi Airport after almost 40 years. DFS has operated the concession at Changi since 1980 and will withdraw from the airport in June 2020. In a statement released by the travel retail operator, Ed Brennan, DFS group chairman and chief executive officer, said: “Our decision not to bid was based on our unique understanding of the business environment as the…

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