银 (silver) + 泰 (safe, grand). The English name 'Intime' is unrelated in meaning — it's branded as In-time (stay current). 银泰 was chosen separately for an auspicious Chinese feel.
Chinese department-store group founded 1998 by Shen Guojun in Hangzhou. Alibaba took full control in 2017 as a 'new retail' (新零售) flagship, turning stores into O2O testbeds. Known for its Hangzhou Wulin and Beijing 大红门 locations.