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Wednesday, January 17, 2007

Turkish retailers update the traditional grand bazaar - MarketWatch

"Turkish retailers update the traditional grand bazaar

By William Echikson
Of DOW JONES NEWSWIRES
ISTANBUL (MarketWatch) -- This metropolis has long been celebrated as a merchant's paradise, home to the famed Grand Bazaar and its colorful and crowded medieval alleyways.
Today, Turkey is gaining a new type of retail experience. Just 30 minutes by car from the Grand Bazaar is the recently opened, futuristic steel and glass Kanyon mall. Well-dressed Turks saunter through luxury boutiques that sell EUR1,000 Yves St. Laurent suits and pricey bottles of Chateau Margaux."

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