During World War II it was used as a department store by the Kaufhaus Tietz (Department Store of Tietz).
After a massive restoration of the building, in 2004 it was re-opened as "DAStietz".
Also the City Library of Chemnitz and the adult evening classes of the city, the Museum for Natural Education and the New Saxonian Gallery are located there.
The store's courtyard contains specimens from the Chemnitz petrified forest (largest plant fossil in Europe).
Stefan Heym (1913–2001) born in Chemnitz, was a German writer.