Lotte Group Archives | Page 6 of 6

Lotte Focuses on Omni-channel Retailing Strategy

SEOUL, Aug. 27 (Korea Bizwire) – Shin Dong-bin, CEO of Lotte Group, the leading food and shopping mall operator, highlighted on August 25 that the company should focus on “omni-channel retailing strategies” which allow customers to shop with the same retailer through different channels including mobile Internet devices, computers and brick-and-mortar stores. “In order to [...]

Lotte Mart Opens Supermarket in Indonesia

SEOUL, Aug. 22 (Korea Bizwire) – In order to escape from the saturated domestic retail market and government’s regulations on large-scale retailers, Lotte Mart opened its first supermarket in Indonesia as a novel approach to expand its overseas sales. Lotte’s first supermarket in Indonesia is located in Kemang, a residential area heavily populated by middle- and [...]