If nobody is flying, then nobody is buying duty-free. Dufry Group, the world’s largest travel-retail operator, announced today a global restructuring program to help allay the consequences of the coronavirus pandemic. The Basel, Switzerland-based company said the program will reduce personnel expenses 20-35% between June and October, taking into account the different possibilities of full-year sales declines, which could range from 40-70%, as announced last month. Also in May, Dufry said its ...