A very strong fourth quarter drove Argentinean airports' shop operator InterBaires back on track in 2009, reversing the earlier downward slide into a 10% fall in annual sales to $180m and sales are looking good
at the start of 2010.
Considering the tough trading environment, this was a good result, says InterBaires' Ceo Martin Leal.
He says the operator is now making plans to create a much bigger 500sq m arrivals outlet in Terminal B at Buenos Aires' Ezeiza Airport and InterBaires is also renovating the cosmetics section at its flagship store at the airport known as 'shop 22'.
At the same time that he is expecting good sales in 2010, Leal says InterBaires also has big plans for its new retail offering in the new $250m 130,000sq m international terminal, which is expected to open in 2012.