Airport duty-free may have the ring of exclusive discount shopping to it, but most products don’t carry any significant savings. Worse, many are far more expensive than in traditional stores.

This is hardly surprising given the origin of the airport duty-free store. The first stores opened in 1947 at Ireland’s Shannon Airport, the landing point for the first transatlantic flights in 1939. It became a hub for the world’s wealthiest individuals with plenty of disposable income...

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