Lotte Duty Free has become the key liquor and
tobacco concessionaire at Changi Airport in Singapore.
The South Korean company, the world’s second
largest travel retailer in terms of sales turnover, has been awarded the liquor and
tobacco concession for a six-year term that covers all 18 liquor
tobacco stores across Changi Airport’s four terminals, spanning
more than 8,000 sqm of retail space.
Lotte will eventually offer over 3,000 tax and
duty-free wines and spirits as it expands its product line-up
Renovation works for Lotte’s stores at Changi
Airport will take place in phases, beginning in Terminals 1 and 3,
once circuit breaker restrictions are lifted.
With the gradual re-starting of activities
post-circuit breaker restrictions in Singapore, Lotte will first
retail on Changi Airport’s duty-free e-commerce platform, iShopChangi.com, before its physical stores open at a later stage.
To celebrate the start of its operations, Lotte is offering
a 7% discount on a range of products from 12 to 30
June, in addition to tax and duty-absorbed prices, as well as a
5% discount voucher for the next purchase in-store.
residents can also shop selected products on iShopChangi
Mr Kap Lee, CEO of Lotte Duty Free said, “The new
operations at Changi Airport will be the largest among all of
Lotte’s Asia Pacific operations. We look forward to bringing new
and exciting brands, activations and experiences to Changi’s
shoppers. We are confident that this new relationship will bring
us one step closer to our vision to be the global no.1 travel retailer, as we grow together with CAG and the brand partners at