features of airport retailing
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Sales per square foot of retail space are much higher than at regional malls. Rent is about 20 to 30 percent higher per square foot for airport retailers. Airport stores are smaller, carry fewer items, and have higher prices than traditional stores .
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sᴀʟᴇs ᴘᴇʀ sϙᴜᴀʀᴇ ғᴏᴏᴛ ᴏғ ʀᴇᴛᴀɪʟ sᴘᴀᴄᴇ ᴀʀᴇ ᴍᴜᴄʜ ʜɪɢʜᴇʀ ᴛʜᴀɴ ᴀᴛ ʀᴇɢɪᴏɴᴀʟ ᴍᴀʟʟs. ʀᴇɴᴛ ɪs ᴀʙᴏᴜᴛ 20 ᴛᴏ 30 ᴘᴇʀᴄᴇɴᴛ ʜɪɢʜᴇʀ ᴘᴇʀ sϙᴜᴀʀᴇ ғᴏᴏᴛ ғᴏʀ ᴀɪʀᴘᴏʀᴛ ʀᴇᴛᴀɪʟᴇʀs. ᴀɪʀᴘᴏʀᴛ sᴛᴏʀᴇs ᴀʀᴇ sᴍᴀʟʟᴇʀ, ᴄᴀʀʀʏ ғᴇᴡᴇʀ ɪᴛᴇᴍs, ᴀɴᴅ ʜᴀᴠᴇ ʜɪɢʜᴇʀ ᴘʀɪᴄᴇs ᴛʜᴀɴ ᴛʀᴀᴅɪᴛɪᴏɴᴀʟ sᴛᴏʀᴇs .
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