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Thursday 24 May 2018

Retail outlets likely at Chennai airport by year-end

Chennai: Passengers travelling through Chennai airport willhave a better shopping experience while they wait for their flights as Airports Authority of India is planning to appoint a professional agency to set up new retail outlets. The newshops areexpectedto comeup by theendof the year.
A tender to identify a firm, which will be in charge of setting up the best of brands for seven years, has been floated. The process is on but the bid opening date will be postponed by a couple of weeks because of a glitch in the online process. “The request for proposal will be uploaded again with revised dates soon,” said an official.

Around 1,228 square metrein theinternational andthe domestic terminals have been allotted for setting up the retail units. These include shopsfor apparel, gifts,books, jewellery, personal care and cosmetics, medicines, electronics, footwear and packaged food and beverages.
The international terminals have been allotted the maximum space, 720square metre. The domestic terminals will have 503.93square metre space for retail.
The shops will be set up as per the new retail policy of the authority aimed at making them more passengerfriendly and vibrant. Though the attempt may offer a better retail experience for passengers,it may not matchthe manner in which retail or commercial ventures are tapped by airports abroad.
To Read the News in Full 02/05/18 Times of India
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