Wangfujing () is a Chinese
department store
A department store is a retail establishment offering a wide range of consumer goods in different areas of the store, each area ("department") specializing in a product category. In modern major cities, the department store made a dramatic app ...
based in
Beijing
}
Beijing ( ; ; ), alternatively romanized as Peking ( ), is the capital of the People's Republic of China. It is the center of power and development of the country. Beijing is the world's most populous national capital city, with over 21 ...
. Through a joint venture with Japanese department store
Ito-Yokado
is a Japanese general merchandise and department store, originally founded in 1920. In 2005, it was reorganized, as part of a corporate restructuring, as a subsidiary of the Seven & I Holdings Co.
As of March 2013, there are 178 Ito-Yokado ...
, Wangfujing Yokado opened China's first full-scale food supermarket. Both companies each have a 40 per cent stake. Japanese supermarket operator York-Benimaru Co. has the remaining 20 per cent. It welcomes more than 10 million customers per day. It uses
cloud computing
Cloud computing is the on-demand availability of computer system resources, especially data storage ( cloud storage) and computing power, without direct active management by the user. Large clouds often have functions distributed over mul ...
services from IBM.
External links
Wangfujing Department Store
Department stores of China
Companies with year of establishment missing
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