1 April 2019
The Weekly
Czech Republic
Department Store to be closed for Reconstruction

Last year, Prague’s Kotva Department Store was officially declared a national cultural monument by the Czech Ministry of Culture. Beginning in 2020, the now-landmark department store will be closed for an estimated one year as the location undergoes some extensive renovations. The cost of reconstruction on the Kotva shopping centre is estimated to be in the range of billions of crowns. Kotva plans to place more than 800 brands and have already arranged about half of them.