Iconic shopping mall in China to close after 3 decades

Once regarded as a shopping icon among locals, the old-fashioned Pacific Department Store gradually lost its sheen when new shopping malls mushroomed in recent years. — China Daily

SHANGHAI: After operating for nearly three decades in one of Shanghai’s busiest business districts, Pacific Department Store Co Ltd is ready to say farewell to its shoppers.

Once a bustling landmark department store in the sprawling city, the store will close its Xuhui district site on Aug 31, with the decision being made as its licensing agreement will expire this year, said an announcement by the department store.