Fort Lauderdale airport to transform retail offer

Emily Pacey

19-Sep-2006

HMSHost and The Paradies Shops to bid in Fort Lauderdale-Hollywood airport tender

Fort Lauderdale-Hollywood International airport has requested bids for 25 travel-retail shops. All but one concession are being tendered, and the airport is also planning several new outlets, including bookstores and other stand-alone speciality shops.

The airport plans to revamp its existing news and gift stores, which make up most of its retail offer and have been managed by The Paradies Shops since 1984.

Broward County aviation director Tom Jargiello said: "The public is now at the point where it is attracted by variety, brand names and high street pricing, and we are now catching up with those aspects of modern retailing at Fort Lauderdale."

The airport estimated that once it has completed renovations, about 60% of stores will be located before security. However, the airport said that if space permits it would eventually like to position 80-90% of the stores post-security.

The new stores will be created from space now used for staff rooms, storage rooms and other administration areas.

Retailers submitted notices of interest in July. Bidders include Paradies Shops and HMSHost, which intends to bid for 13 stores. Successful bidders will have to pay a minimum annual guarantee of $3.23m, or a percentage of sales in their first year of trading. New stores will open at the end of 2007 and news and gifts contracts will last until 2013.

Passenger traffic at the airport has almost quadrupled from 6.4m passengers in 1984 to 22.4m in 2005.

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(11-Jan-2003) - The Paradies Shops has expanded its presence at Fort Lauderdale-Hollywood International airport with the creation of two shops in the airport's new terminal one, concourse B
(20-Oct-2006) - Hudson Group, Areas, HMSHost and Paradies Shops are competing at Fort Lauderdale-Hollywood airport in Florida
(6-Dec-2006) - Hudson Group, Areas, HMSHost and Paradies Shops have given their presentations to a selection committee in the Fort-Lauderdale-Hollywood airport news and gifts tender
(27-Feb-2007) - Hudson Group has been awarded the gifts and news contract at Fort Lauderdale airport terminals one and two
(18-Mar-2008) - The Broward Duty Free joint venture will now operate duty-free stores at Fort Lauderdale-Hollywood International airport until 2013