Changi Airport liquor & tobacco concession Open
In this article (4)
The Changi Airport liquor & tobacco concession is up for grabs after DFS Venture opted not to proceed with a two-year extension.
Changi Airport Group (CAG) will launch a tender for the concession on June 4, covering 18 stores, spanning more than 8000sqm of retail space across the airport’s four terminals. It will run for six years from June 9 next year.
CAG is seeking a strong partner with retail concepts to augment the passenger experience for the liquor and tobacco concession.
From store design and product range, to in-store activations and e-commerce strategy, the retailer should put forth a robust and compelling proposal, leveraging new technologies and innovations, to elevate travel retail at Changi, CAG said.
The Changi Airport liquor & tobacco concession will serve more than 66 million international travellers who pass through Changi Airport annually.
“We look forward to new retail concepts to take the liquor & tobacco concession to new heights,” said CAG VP for commercial, Lim Peck Hoon.
“Changi is fully committed to growing with our concession partners through impactful innovation and effective collaboration. There will be a wealth of opportunities for the liquor & tobacco partner to showcase its offerings to Changi’s global audience, delivering revolutionary best-in-class retail experiences, to build and grow its business.”
Interested retailers will be required to attend a compulsory tender briefing and site visit scheduled on June 25. The deadline for submissions is August 5.
Questions & Answers
Q.Why is the Changi Airport liquor and tobacco concession now available for tender?
Why is the Changi Airport liquor and tobacco concession now available for tender?
DFS Venture chose not to proceed with a two-year extension for the concession. This decision has opened up the opportunity for Changi Airport Group to launch a new tender process.
Q.What is the duration of the new concession contract, and when will it begin?
What is the duration of the new concession contract, and when will it begin?
The new concession contract will run for six years. It is scheduled to commence on June 9 of next year, following the completion of the tender process.
Q.What are Changi Airport Group's key expectations for potential retail partners?
What are Changi Airport Group's key expectations for potential retail partners?
CAG is seeking a strong partner who can offer innovative retail concepts. They expect robust proposals covering store design, product range, in-store activations, and e-commerce strategy, using new technologies.
Reader pulse
What's the biggest challenge for bidders?
20,244 votes so far