In 1351 (1972 CE), the Ferdowsi Chain Store company was officially dissolved as part of a broader move to restructure Iran’s retail sector. According to the law on the formation of the City and Village Consumer Cooperative Organization, Ferdowsi’s operations were absorbed into the new structure, marking the end of an era. The dissolution of Ferdowsi Store was approved by the National Assembly, and its legacy became intertwined with the broader narrative of Iran’s economic evolution during the Pahlavi era.
The Lasting Legacy of Ferdowsi Chain Store
Although Ferdowsi Chain Store no longer exists, its impact on Iran’s retail landscape remains significant. It was a bold experiment in bringing Western-style consumerism to Iran, and while it didn’t completely overhaul the country’s retail system, it introduced important concepts that shaped future developments in the sector.