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1947

year

Shannon Airport in Ireland opened the world's first duty-free shop in 1947, creating a retail concept now worth billions globally.

Giải Thích

Brendan O'Regan established the duty-free shop to serve transatlantic passengers stopping to refuel at Shannon. The concept of selling goods free of local taxes to departing international passengers spread worldwide and now generates over 75 billion dollars in annual sales globally. Airport retail revenue has become a crucial funding source for airport operations, often exceeding revenue from airline fees.

Nguồn: Shannon Airport / DFWC

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