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Saturday, Feb 24, 2024

Shanghai to House Largest Disney Store

Construction has started in Shanghai on what will be the world’s largest Disney Store, according to Chinese media reports on Tuesday.

The 53,000-square-foot complex in the Lujiazui Finance District features a retail store and a Disney-themed outdoor plaza . The store, which will open next year, is the first on mainland by the Burbank entertainment and media company.

The store will feature a diverse collection of Disney products by Chinese and international designers and state-of-the-art technology for customers to interact with characters and stories. Characters from Disney, Pixar and Marvel, as well as its recently acquired Star Wars franchise, will be featured, according to a story published by the official English-language website of China News Service.

Disney also is separately building in Shanghai a $5 billion theme park with joint venture partner, Shanghai Shendi Group. The park is expected to open at the end of next year.

Shares closed down 14 cents, or less than 1 percent, to $83.16 on the New York Stock Exchange.

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