Mar 01, 2021 09:54 AM (GMT+8) · EqualOcean
Today, two major duty-free shops in South Korea, Lotte and Silla, officially withdrew from the main terminal of Incheon International Airport. The two duty-free shops cover an area of more than 4000 square meters, accounting for 30% of the total duty-free area. Although the airport has invited tenders for three times and reduced its rent several times, no one has taken over. 500 of the former duty-free shop employees are facing unemployment. After the outbreak of the epidemic, the international passenger volume of South Korea dropped 80% year on year last year, and the duty-free shops in South Korea suffered the first loss in 11 years. Among them, Incheon Airport duty-free shop sales plummeted about 95%.

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