The Dixons Carphone Group has confirmed it will be closing all its Dixons Travel airport stores following the UK Government's ending of tax-free airside shopping at the start of January. The closure could lead to just over 400 job losses, however, the firm promised that employees would be offered alternative positions within the group.
On average, the 35 Dixons Travel airport stores had contributed more than £20m to annual profits to the group that also owns Currys PC World and Carphone Warehouse retail brands.
"We do not expect passenger numbers to recover sufficiently to compensate for the removal of airside tax-free shopping by the UK government from 1 January. This has led to the difficult decision to close this business." the company said in the statement.
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