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Mossadegh’s meeting with Yalmar Schacht One of the recommendations of German economist Yalmar Schacht to Mossadegh during his trip to Iran at the invitation of Ali Akbar Davar was to establish department stores. Ferdowsi was the first store to open in this style. According to Alinqi Khamoshi, Ferdowsi and Korosh stores (which were established by the private sector) were established because Homeland’s distribution system was accustomed to the traditional form of the market.
