Swizzle tops crucial Changi confectionery bid
Incumbent operator Swizzle has topped the bids for the pivotal
chocolate, candy and delicatessen contract at Singapore Changi
airport terminal one.
The operator offered a monthly minimum guarantee of S$628,800
($345,500), or S$7.5m ($4.1m) a year, ahead of DFS Venture
Singapore's S$525,000 ($288,500). The tender was also notable for
several new alliances for a Changi bid. Alpha Retail teamed up with
local company SUTL, offering S$484,000 ($265,900) a month in
guarantees, while Multi Trading and Supplies, combining Malaysia's
DR Group and Weitnauer Singapore offered S$495,000 ($272,000). DR
Group owns leading confectionery operator Chocolate Sales &
Supplies. King Power International was the other bidder for the
contract, which will be for three years with a two-year extension
option.
Although Swizzle topped the bids, the airport authority insisted
this did not mean it would be awarded the contract. Financial bids
are being evaluated along with other criteria such as innovative
retail concepts. Bids for another tender at Changi, for a computer
store, were topped by Weitnauer. Forthcoming bids include a
photographic equipment store and the crucial fragrances and
cosmetics contract in terminal two, which closes next week.
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Swizzle tops crucial Changi confectionery bid
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