Shinsegae Centum City in Busan's Haeundae will be registered as the world's largest department store in the Guinness Book of Records. The shopping mall holds a ceremony Friday to receive the official recognition as the world's largest mall from Guinness World Records. Before the Busan mall, Macy's in New York had been the world's largest.

A Shinsegae press release said according to the measurement by Guinness World Records, the floor size of the mall is 293,905 sq. m, 95,405 sq. m larger than Macy's. The mall applied for a new world record after receiving an official certificate as Korea's largest department store through on-site measurement by the Korea Record Institute, an agent for Guinness.