Dixons Carphone shuts airport stores following axing of duty-free shopping

Evening Standard
Electricals retailer Dixons Carphone has decided to close its airport stores business, just months after a scheme allowing VAT-free shopping for overseas tourists was scrapped.

The stores will be the first major casualty of the post-Brexit “tourist tax”, which was bitterly fought by retailers, hospitality and other tourism-dependent businesses.

Paul Barnes, chief executive of the Association of International Retail, said: “Ending tax free shopping puts over £3 billion of international visitor spend at risk each year as high-spending travellers divert their shopping to Paris or Milan.”

A judicial review of the duty free decision by the Treasury is expected to come up with a ruling soon, possibly as early as this week.


Read the full article here.