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Lessons from the DFS retrenchment issue in Singapore - Tech Collective
Duty Free Singapore (DFS) was the latest to succumb to difficult challenges in the retail industry – sandwiched between paying landlords high rental and ever-increasing manpower costs. They decided to bow out of Changi Airport’s tender for duty-free liquor and tobacco concession, which meant they had to lay off staff. However, the “unfair and abrupt” …