The Land of the Duty Free (classic)

Planet Money

NPR

Business, News

4.6 • 29.8K Ratings

🗓️ 15 January 2025

⏱️ 22 minutes

🔗️ Recording | iTunes | RSS

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Summary

(Note: This episode originally ran in 2018.)

Is it really cheaper to shop at an airport Duty Free store? And why are so many of them alike?

In the 1940s, if you were flying from New York City to London or Paris you would find yourself making a pit stop for fuel on the western coast of Ireland. The Shannon airport at the time wasn't much to look at, but the passengers arriving there were movie stars and celebrities, basically the super rich. And the people of Shannon realized pretty quickly that they needed to upgrade the local amenities for their wealthy clientele. They hired a man named Brendan O'Regan to make it happen. Being the quick-thinking entrepreneur that he was, O'Regan convinced the Irish government to create a tax loophole. And thus, duty free stores were born.

Today on the show, we follow the surprising origin of duty free, and try to answer the question: Are they really saving you any money?

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Transcript

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0:00.0	For every headline, there's also another story about the people living those headlines.
0:05.9	On weekdays, Up First brings you the day's biggest news.
0:10.1	On Sundays, we bring you closer with a single story about the people, places, and moments reshaping our world.
0:18.4	Your news made personal every Sunday on the Up First podcast from NPR.
0:24.9	This episode originally ran in 2018 and it is likely to save you money and make you giggle in 2025.
0:33.1	This is Planet Money from NPR.
0:45.3	Thank you. This is Planet Money from NPR. Hey, I'm just leaving a voice memo for myself.
0:47.9	I'm in the Shannon Airport in Shannon, Ireland, on my way back to the United States, to New York.
0:54.6	There is this picture wall, giant pictures of all the famous people who have come through
0:59.3	here.
1:00.3	So you know, they have like John of Kennedy, and there's Fidel Castro and Boris Yeltsin.
1:04.8	And there is one photo that was sort of amazing.
1:07.6	There's a picture of the President of Ireland, and next to him is someone called Dr. Brendan O'Regan. And he's sort of out of focus. You can see he's wearing a natty suit. He's
1:15.1	got a nice little pocket square. And it says that Dr. O'Regan was the person responsible for this
1:21.3	airport, for basically developing the Shannon International Airport. And most importantly, he
1:26.4	created the world's first airport duty-free shop.
1:32.8	You know, the duty-free shop, the place we get the perfume and the chocolates and all the liquor.
1:38.9	First one was here. And before I got on flight, I just wanted to rush quickly over and take a look at what
1:46.8	was the world's first duty-free. A lot of scarves, little jewelry. Where's the perfume?
1:53.0	Hello, darling. How's it going? This is Jesse Baker. I'm buying sheep. Oh, they're adorable.
1:58.3	Clicay, but my children don't judge. I think duty-free shops are supported on people who forgot to get gifts for their children.
2:06.6	I didn't forget. I've just been busy.
	...

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