Subscribe by RSS
[ Beijing, CHINA ] Galeries Lafayette (Paris, France) and I.T. Limited Group (Hong Kong) have joint ventured the development of a Galeries Lafayette department store in Beijing, to open in December (2013). The Beijing store will include approximately 18,000 square meters, the largest of the group after its store on Boulevard Haussman in Paris. Galeries...
[ Kuala Lumpur, MALAYSIA ] Qatar Holding LLC (Doha) and Jerantas Sdn Bhd (Malaysian) have reached an agreement to develop a Harrods Hotel in the Bukit Bintang shopping district in Kuala Lumpur (Malaysia). Both Qatar Holding and Jerantas will fund the project evenly. The site selected for the Harrods Hotel covers approximately 5.5...
Harrods is a luxury department store situated in Brompton Road in Brompton, in the Royal Borough of Kensington and Chelsea, London. The store is located on a five-acre site with more than one million square feet of store selling space. The store opened for business in 1834. At the time of purchase, Qatar...
History of U.S. Department Stores From the founding of the Republic, through the mid 1850′s, shopping on main streets, central business districts, and in rural general stores is the norm. Starting in the mid 19th Century, department stores are introduced in the U.S. The “Marble Palace” established by Alexander Turney...
According to the company’s website, in 1994, Parkson China (“Parkson”) opened its first department store in Beijing, (Beijing Parkson) positioning itself at the middle and middle-upper end of the retail market of the People’s Republic of China (“China”). Parkson is one of the first foreign department store chains to establish a...
