Lotte Archives - Inside Retail Asia
South Korean K-pop merchandise sales surge to US$132 million last year
South Korea’s K-pop merchandise market is booming, reaching US$132 million last year.
Lotte to launch The Conran Shop in South Korea
South Korean retail conglomerate Lotte has partnered with British furniture brand The Conran Shop.
Lotte Group plans to invest US$11 billion in retail
South Korea’s Lotte Group says it plans to invest US$11 billion in its expanding its retail business during the next five years.
Lotte’s Star Avenue boosts small South Korean labels
Lotte Duty Free has unveiled a new promotional space – Star Avenue – at its flagship store in Myeongdong, Seoul.
Lotte under fire for leasing space to Mumuso
The inclusion of Mumuso, a copycat of Korean stores that produce household products, in Lotte Mart’s Vietnam stores has been frowned upon.
Shortened South Korea Sale Festa launches
The annual Korea Sale Festa offers reduced prices on items ranging from electronics and apparel to automobiles and furniture for 10 days.
Rivals in race for Ministop South Korea chain
Shinsegae and Lotte are competing to take full ownership of Ministop South Korea.
South Korean duty-free operator Lotte’s profit soars
South Korean duty-free operator Lotte has reported soaring profit following its decision to partially withdraw from Incheon airport.
South Korean retailer Lotte to launch e-commerce department this week
South Korean retailer Lotte will launch a new department in charge of the business group’s online businesses this week.
GS25 achieves 10,000-store milestone for Cafe 25 concept
Convenience-store brand GS25 says 10,000 of its outlets now serve coffee products distributed under its house brand Cafe 25.
Shinsegae DF opens new duty-free store in Seoul
Shinsegae DF, the duty-free arm of South Korean retail giant Shinsegae, opened its second outlet in Seoul this week.
Lotte Mart Mongolia to open first store
Lotte Mart Mongolia is opening its first store, in Ulaanbaatar in the first half of next year.
