Lotte Archives - Inside Retail Asia

Line Friends store Hongdae

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.

The Conran Shop

Lotte to launch The Conran Shop in South Korea

South Korean retail conglomerate Lotte has partnered with British furniture brand The Conran Shop.

Lotte Mart

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

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.

Mumuso

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.

South Korea Sale Festa

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.

Ministop

Rivals in race for Ministop South Korea chain

Shinsegae and Lotte are competing to take full ownership of Ministop South Korea.

Lotte-duty-free

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.

Lotte department store Korea

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.

Cafe 25

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.

Central City Gangnam

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 store

Lotte Mart Mongolia to open first store

Lotte Mart Mongolia is opening its first store, in Ulaanbaatar in the first half of next year.

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