Sunday 15 September 2013

Reshaping Brazil’s Retail Scene, Inspired by Vegas and Vanderbilt

BRUSQUE, Brazil — As Brazil’s leaders consider whether consumption should be an antidote for a sluggish economy, a department store tycoon is racing ahead with his answer, taking unfettered American-style consumerism to a gaudy new level. Proclaiming the gambling mecca Las Vegas as his ideal city, the tycoon, Luciano Hang, has been opening department stores this year at a pace of one every 15 days, from southern Brazil to the Amazon in the northwest. Each cavernous new structure is an homage to American capitalism, with columns intended to evoke the White House and giant replicas of the Statue of Liberty, some more than 100 feet high, stationed at its entrance. To see the full article, subscribe here.

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