Walt Disney Co (NYS:DIS) said it plans to open its first
China store in Shanghai, expected to be its largest ever, underscoring the need
to cater to the nation's growing middle class.
The 53,000 square feet Disney Store, expected to open in
early 2015, will be located in Shanghai's financial hub and will have retail
space and a Disney-themed outdoor plaza area.
"China's flagship Disney Store will feature the largest
and most diverse collection of Disney products by local and international
designers," Stanley Cheung, executive vice president and managing
director, the Walt Disney Company. Read more.
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