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Heinemann opens new duty-free store in Budapest Airport

RBR Staff Writer Published 21 March 2011

Gebr Heinemann, a Hamburg-based travel and duty-free retailer, opened a new, 1,400sq m, duty-free, walk-through store at the Terminal 2 SkyCourt in Budapest airport on 17 March 2011, reports said.

The new duty-free store has been built at a cost of $4.96m and will be opened to the public on 27 March 2011. The retailer expects turnover of around $70.84m in the first year of operation, and spend per head to rise by more than 25%.

The store has a 4m-high ceiling with the fragrances and cosmetics section (which accounts for around 40% of the business) dominating one half of the store. The back wall features a fashion and accessories area, and also houses tobacco and liquor. Premium branded confectionary is housed in one corner and other brands are placed towards the front of the store.

Heinemann also opened two 200sq m concept shops at SkyCourt which offer the Hugo Boss and Polo Ralph Lauren labels, and Montblanc, Burberry and Longchamp collections respectively.

A new store is scheduled to open in St. Petersburg Pulkovo airport in June 2011. From January 2012, the Heinemann Duty Free brand will be seen at the Norway Oslo, Trondheim, Kristiansand and Stavanger airports which will be followed by a Berlin Brandenburg International airport opening in late 2012.

The Heinemann Duty Free brand already has shops in Germany, Austria and Slovakia. The latest stores opened in Vienna in February and in Hannover this month.