BREAKING: Shilla Duty Free and Shinsegae to Suspend Incheon Airport Operations Amid Mounting Losses
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2 Articles
[Digital Daily Reporter Yoo Chae-ri] Hotel Shilla, which operates Shilla Duty Free, will suspend operations at some of its duty-free stores at Incheon International Airport. Hotel Shilla announced this on the 18th, explaining, "We have determined that the continued operating value is lower than the liquidation value due to anticipated excessive losses." The area subject to the suspension is the DF1 area at Incheon International Airport. The comp…
BREAKING: Shilla Duty Free and Shinsegae to suspend Incheon Airport operations amid mounting losses
The move follows Incheon International Airport Corporation's refusal to lower rental fees for the duty free concessions at the airport The post BREAKING: Shilla Duty Free and Shinsegae to suspend Incheon Airport operations amid mounting losses appeared first on DFNI.
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