Pyongyang Department Store No. 1

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Laika ac Pyongyang Department Store No. 1 (11975506264).jpg
Exterior of the Pyongyang Department Store No. 1
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Location in Pyongyang
General information
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Design and construction
Architect Yun Ko-gwang[1]
File:Pyongyang-Department-Store-2014.jpg
Paradise Department Store - taken from the first floor down towards the ground floor

The Pyongyang Department Store No. 1 is a major retail store in Pyongyang, North Korea, catering mainly to the local community.

Located in downtown Pyongyang, it is one of the largest retail stores in the country and is often the site of large commodity exhibitions.[2] The store offers a wide variety of items including foodstuffs, electronics, clothing, and furniture.[3] As of 2013, approximately 70 percent of the items in the store are produced domestically.[4] The store is also one of several official tourist stops in the city.[5] While in other, more upmarket, department stores, like Paradise Department Store, only hard currency or a hard-currency related Won debit card is accepted as payment for the goods, in Department Store No. 1 only local currency is accepted.[6]

The store, along with two others, are run reportedly jointly with Chinese business partners.[7]

See also

References

  1. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  2. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  3. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  4. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  5. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  6. ↑ e.g. Andrei Lankov, Money matters: the three-tiered system of the 1980s North Korean currency, NKNews 28 May 2014;http://www.nknews.org/2014/05/money-matters-the-three-tiered-system-of-1980s-north-korean-currency/ and Rob York, Black market cash, The real value of N. Korean Won, in: NKNews, 1 September 2014; http://www.nknews.org/2014/09/black-market-cash-the-real-value-of-n-korean-won/
  7. ↑ Lua error in package.lua at line 80: module 'strict' not found.
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