Imperial duty free JSC expands retail space at Russia's Sheremetyevo airport

Imperial Duty Free JSC (IDF), the Russian joint venture between Sheremetyevo (SVO) Airport and Gebr. Heinemann, has announced it is expanding its retail space at Moscow´s Sheremetyevo airport from 6,700 square meters to 10,700 square meters, the company said.

The takeover and integration of additional retail space has enabled IDF to increase its shopping area by around 80 percent. In the new Terminal B, IDF has opened ten new shops; in Terminal E, all four existing shops have been fully redesigned to increase customer turnover.

SVO is Russia´s largest airport, with 5 VIP lounges and 13 business lounges, and in 2017 served 40,093,000 passengers, 17.8% more than in 2016. SVO is also the base of Aeroflot. Russia´s largest and fastest-growing airline, and is supporting the airline´s growth through the construction of three new terminals, which are expected to double passenger capacity. The first of these, Terminal B, is now open. The next (Terminal C1) is already being built.

Gebr. Heinemann supplies more than 1,000 corporate customers in over 100 countries. The company operates more than 330 Heinemann Duty Free & Travel Value shops, fashion label boutiques under license, and concept shops at 79 airports in 29 countries, along with stores at border crossings and aboard cruise liners. In total, the retail operation now serves more than 40 million customers across approximately 140,000 square meters of retail space every year. Gebr. Heinemann has more than 6,000 employees around the world.