The company was founded by Arthur Lundgren Tecidos S.A. in Brazil on 27 January 1976,[1] opening its first store in Curitiba on 9 April of that same year,[2] which had 5 floors (3 of 1500 m2 and 2 of 1000 m2) and it was considered the most modern department store of the country, being built specifically for that purpose.

[3] Among the novelties introduced by the store was the exhibition and demonstration of the products for sale, and the credit system in installments.

[4][5] By 1990, Muricy owned stores in Curitiba, São José dos Campos, Ribeirão Preto and Campinas.

[6] Muricy's Brazilian stores are now part of the Pernambucanas chain, also owned by Arthur Lundgren Tecidos, which were converted under their current name in October 1998.

[10] Muricy's Chilean operations ended on 29 December 1990, when the company declared bankruptcy and suddenly closed their 2 stores, formally ceasing operations on 10 January 1991,[11] after which Almacenes París acquired the premises it owned in the two Santiago shopping centers and reopened under their brand in March 1991.