L24103-T-LH Unit 25b Multi Category

Unit 25b Multi Category LOT 1 Fashion and LOT 2 BEAUTY have announced they will be withdrawing their stores in all UK airports. Owing to the current travel and wider retail market performance a like-for-like category tender is less likely to return competitive bidders. The commercial team are therefore proposing to run a multi category tender with appropriate category tender minimums to ensure the best possible outcome.This tender outcome will maintain and protect income but does need board approval owing to the contract value threshold. The commercial team have defined the tender minimums by category which will return a guaranteed minimum