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How Korea’s big 3 department stores are killing it right now
Inflation and a recovery in the apparel category have the big 3 of Korean department store retail carrying on where they...

South Korean retail firms Lotte and Shinsegae bid for EBay Korea
EBay Korea is the country's third-largest e-commerce firm with a 12.8-per-cent market share last year.

Lotte seeks to unload TGI Friday’s as part of restructuring
Lotte is moving to divest its TGI Friday's restaurant chain rights in South Korea as it restructures its business portfo...

Lotte seeks to unload TGI Friday’s as part of restructuring
Lotte is moving to divest its TGI Friday's restaurant chain rights in South Korea as it restructures its business portfo...

Sales growth disappoints South Korean department store operators
A South Korean government-led retail sale festival designed to boost spending amid the coronavirus outbreak ended yester...

Lotte to launch snack subscription service
Lotte Confectionery Co will launch a snack subscription service dubbed “Monthly Snack,” the first of its kind in South K...

Lotte plans to double e-commerce sales by 2023
South Korean retail conglomerate Lotte is expanding its e-commerce offering with one-hour delivery grocery services.

South Korean department stores look to VIPs as sales slide
South Korea's department-store industry has launched an all-out effort to secure VIP customers who spend more than ordin...