KEY POINTS:
Regency Duty Free has lost out in the battle to become the sole duty free outlet at Auckland Airport.
The airport company has awarded the exclusive rights to DFS New Zealand.
The 7 year deal runs from April of next year.
Auckland Airport says DFS will stock a much wider variety of goods than currently available. It is also promising to keep a close eye on DFS to make sure it keeps its prices competitive.
Regency Duty Free will wrap up its operations in August 2009. It says it is disappointed by Auckland Airport's decision.
- NEWSTALK ZB
