• Sweden edition
Business & Money

H&M opens world's largest store in Vegas

Published: 11 Dec 10 12:23 CET | Print version
Online: http://www.thelocal.se/30766/20101211/

Swedish clothing retailer H&M will open its largest store in the world in Las Vegas on Saturday.

The store was slated to open in November, but the launch was delayed until Saturday for unknown reasons, according to the Las Vegas Sun.

"As H&M celebrates 10 years and over 200 stores in the US, we remain committed to increasing our presence in the US marketplace by opening the new H&M flagship location in Las Vegas, Nevada," US President for H&M Daniel Kulle said in a statement on Friday.

He added that the chain is "thrilled" to continue its expansion on the West Coast. H&M opened its first US store in New York in 2000 and announced it would open its Las Vegas location in May.

H&M took over the three-level, 4,400 square metre space at the Forum Shops at Caesars, an upscale mall connected to luxury hotel and casino Caesars Palace on the Las Vegas Strip, from iconic toy retailer FAO Schwarz, which closed on January 23rd due to the economic downturn.

FAO Schwarz was bought out by toy store chain Toys "R" Us late in May 2009.

The first 1,000 shoppers in line will receive an H&M Access to Fashion Pass, valued from $10 (70 kronor) to $500. In addition, one customer will win a shopping spree worth $1,000.

The store will operate on Sunday to Thursday from 10am to 11pm and remain open until midnight on Friday and Saturday.

The new outlet boasts a 15-metre-high atrium with disco balls and custom-designed walls with a light show.

H&M, which was founded in 1947, operates around 2,000 stores in 37 countries in Europe, North America, Middle East and Asia and employs 76,000 staff.

It announced plans last month to open its first outlet in Singapore in the autumn of 2011 and opened its first store in Turkey in early November. It also inaugurated a three-storey flagship store in Paris in early October.

Vivian Tse (news@thelocal.se)

What do you think? Leave your comment below.

Your comments about this article:

The comments below have not been moderated in advance and are not produced by The Local unless clearly stated. Readers are responsible for the content of their own comments. Comments that breach our terms and conditions will be removed.

18:46 December 11, 2010 by ilockitdown
O y would you do this, Vegas is on a major decline, their biggest store should be at the asian casino area Macau i think it is, that would have been a much better location i think
20:47 December 11, 2010 by adshasta
....." Vegas is on a major decline"???...., sure prove it!
21:15 December 11, 2010 by ITkiwi
So which is it?

The world's largest store or H&M's largest store?
23:35 December 11, 2010 by StockholmSam
@ITkiwi

I was wondering the same thing. Terrible editing by The Local. is it the world's largest H&M or the world's largest store?

@ilockitdown

I don't think you know what you are talking about regarding Vegas. I am guessing you are repeating something you heard someone else say without actually taking the time to investigate the reality of the situation.
00:52 December 12, 2010 by anticommie
Just another big box store destroying the environment, swedish scumbags.
15:48 December 13, 2010 by ilockitdown
just watch guys u will c :) give it a couple years
15:17 December 15, 2010 by Looking in
ilockitdown is right! Vegas is in a bad way, one of the US cities most heavily affected by the global financial crisis. It has high levels of unemployment, abandoned houses, high levels of homelessness and people living on the streets. People tend not to gamble when they lose their job--even casinos are doing it tough. The tourism business is also hurting, including hotels, car rental companies etc. If I was H & M there is no way I would have opened my next store here--Vegas will be stuffed for years!
ADD YOUR COMMENT   (YOU MUST LOG IN OR REGISTER TO MAKE A COMMENT)
Business & Money headlines
Sweden's economic mood dips: survey

Sweden's economic mood dips: survey

Swedish consumers are feeling less optimistic about the economy, with a down-turn also visible in the mood of the manufacturing industry, Sweden's National Institute for Economic Research said on Friday. READ () »

Swedish fashion grads turn to melancholy

Swedish fashion grads turn to melancholy

This year's Beckmans fashion graduates unleashed a dramatic clash of collections in Stockholm this week. It may have been dazzlingly hot outside in the sunshine, but on the catwalk things got a little dark. READ () »

Sweden 'fails to help well-educated foreigners'

Sweden 'fails to help well-educated foreigners'

The white-collar union Saco has lambasted Sweden's Employment Agency for its failure to help well-educated, foreign-born job seekers, whose unemployment rate is more than three times the average for people born in Sweden. READ () »

Mixed results for Sweden refugee job push

Mixed results for Sweden refugee job push

Fifteen percent of refugees in Sweden who enrolled in the new establishment system the past two years have gone on to find jobs, new figures show, leading some observers to worry that the low success rate will place a burden on the benefits system. READ () »

Riksbank unveils new board members

Riksbank unveils new board members

Sweden's central bank has appointed two new board members plucked from banking and academia to replace two outgoing members, one of whom was an outspoken critic of the Riksbank's commitment to the government's inflation goal. READ () »

350 jobs lost as Ericsson shuts Swedish factory

350 jobs lost as Ericsson shuts Swedish factory

Swedish telecom giant Ericsson has buckled under the pressure of European competition and will turn off the switch on a cable production plant in Sweden, leaving 350 employees without jobs. READ () »

Sweden has 'lower tax burden' than Senegal

Sweden has 'lower tax burden' than Senegal

While Sweden has a reputation for having one of the most painful tax bills in the world, a new report ranks Sweden 20th when comparing the tax burden on salaries when social security payments and salary brackets are taken into account. READ () »

Ericsson probed over suspected bribes

Ericsson probed over suspected bribes

Swedish telecom equipment maker Ericsson is suspected of having bribed ministers in Romania in connection with being awarded a contract for the country's emergency number and is now under investigation in the United States. READ () »

Warning over 'long-term' Swedish export slump

Warning over 'long-term' Swedish export slump

Sweden's largest business confederation has gone out guns blazing, criticizing politicians for not facing up to the challenges of "a lost year for Swedish exports" in 2012. READ () »

'Lean hospital a sign of Swedish welfare reform'

'Lean hospital a sign of Swedish welfare reform'

A Stockholm hospital saved from closure by private health care providers has been hailed by the Economist as one of modern's Sweden public-private success stories. READ () »

More Business & Money

Find a new job in Sweden now
24/05 Accounts Payable to Bosch Rexroth
Academic Work Danmark
Malmö
24/05 Analog Field Application Engineer
Arrow EMEA
Kista, STHM
24/05 Business Analyst, Karlskrona
Capgemini Sverige AB
Karlskrona, BLE
24/05 CAE-Engineers within Solid Mechanics
Randstad AB
Linköping or Växjö or Västerås, VTM
24/05 Corporate Sports Sales Executives
marcus evans (Scandinavia) ltd.
Stockholm
24/05 Development Engineer ? Control Systems
Experis Engineering
SKÅ
24/05 Enterprise Solutions Engineer
Sverige
24/05 Event Manager to paf
Paf
Stockholm, STHM
24/05 Finance Director/Senior Fund Controller
Match Recruitment Group AB
Stockholm
24/05 Financial Manager
Kalmar

ALL JOBS »


 
Latest Business & Money news from Germany
Counseling in English
Individuals & Couples - Stockholm Beth Rogerson PhD - Clinical, Marriage & Family Therapist
Click or call 08-5580 1266 now
Trade binary options
Create an account with Banc De Binary, the world’s most reputable binary options firm, and start cashing in today! You can start by practicing with our free $50,000 demo account.
www.bbinary.com
Therapy in English
Expat counsellor & talk therapist offers counselling for stress, relationship issues, sexuality, culture adjustment & life coaching. Private & confidential. Stockholm or Skype. Contact me today! 08-559 22 636 or
CLICK HERE
Holiday Luxury Villa in Portugal
Casa Birgitta in Algarve, Portugal. Reduced price in best location. Private estate on white sand beach. All amenities included. Book here today! edward_george1@hotmail.com
The Local's new Marketplace
Find products and services that are specifically focused on English speakers living in Sweden!
FULL DETAILS