The story
The first AirMall opened at Pittsburgh International Airport in 1992. Today the company also operates AirMall at Baltimore/Washington International Airport and Boston's Logan International Airport, however Pittsburgh remains by far the largest. An AirMall opened at Cleveland Hopkins International Airport in the spring of 2009 as well. The stores in the AirMall were the first in the US to price their merchandise the same as they would at a store in a typical retail setting, a policy that was later followed by concessionaires at some other airports in the US.
Originally owned by BAA USA (then a subsidiary of BAA plc), AirMall was then owned by the New York-based investment company Prospect Capital Corporation. In August 2014 AirMall was acquired by the German Fraport Group, the operator of Frankfurt International Airport and another ten airports around the globe. Fraport has since merged its North American concessions business into its Fraport USA division.
From Wikipedia’s article on AirMall, shared under CC BY-SA 4.0.4