Lotte Duty Free Becomes Key Liquor and Tobacco Concessionaire at Changi Airport

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 and 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 progressively.

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.

Singapore residents can also shop selected products on iShopChangi without flying.

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 Changi.”

See latest Travel News, Video Interviews, Podcasts and other news regarding: COVID19, Lotte, Korea, Changi, Singapore.