Weak dollar drives sales at US airports
Tina Milton
15-Apr-2005
US. Alpha Retail USA and Avid International are among US airport retailers to have benefited from the weakness of the dollar against the euro and pound sterling
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Both retailers achieved year-on-year sales increases of over 25% in 2004 as a result of greater spend among European passengers.
Alpha Retail USA president Rod Wiltshire said that the impact
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(2-Oct-2003) - UK. Alpha Airports Group has announced a 1% increase in sales to £213.7m ($338m) in the first half of 2003, a performance boosted by growth of over 8% across its retail operations.
(15-Mar-2004) - ASIA/PACIFIC. Fluctuations in the value of the US dollar, pound sterling and the euro are straining relationships between retailers and suppliers across Asia/Pacific
(16-Jan-2004) - INTERNATIONAL. Travel retailers worldwide are becoming increasingly concerned that the weakness of the US dollar could prove damaging to their businesses in 2004, a DFNI poll reveals.
(15-Mar-2004) - Tobacco sales at Dutch operator KLM Tax Free Services' airport stores have suffered in the early part of this year from the relative strength of the euro against the dollar
(15-Sep-2004) - UK. Tax refund services provider Global Refund has blamed the weak dollar for a drop in spending among US tourists in the UK.

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Weak dollar drives sales at US airports