Lotte Mart Archives | Be Korea-savvy
Lotte Mart Adopts QR Codes to Increase Synergy

Lotte Mart Adopts QR Codes to Increase Synergy

SEOUL, Nov. 12 (Korea Bizwire) — Lotte Mart announced on Sunday that it will adopt QR codes for all merchandise being sold at the store, which will allow customers to use their smartphones to access detailed information as well as customer reviews about each product. The company will also provide online ordering services to customers [...]

Lotte Mart Vietnam Criticized for Renting to “Fake” Korean Store

Lotte Mart Vietnam Criticized for Renting to “Fake” Korean Store

SEOUL, Oct. 4 (Korea Bizwire) — The inclusion of MUMUSO, a copycat of Korean stores that produces household products, in Lotte Mart’s Vietnam stores has been frowned upon by many critics. Lotte Mart Vietnam announced yesterday that MUMUSO opened up shop in its South Saigon branch in August. On its labels, the words, “KOREA” and [...]

S. Koreans Overtake Chinese to Rank First Among Visitors to Japan

S. Koreans Overtake Chinese to Rank First Among Visitors to Japan

SEOUL, April 2 (Korea Bizwire) — Japan has been a beneficiary of the strained national ties between South Korea and China over the installation of a U.S. defense missile system (THAAD), with South Korean tourists more inclined to spend their days off in the island nation rather than an unfriendly China.  From January until February, [...]

Premium Supermarkets Growing Rapidly Despite Rising Cost of Living

Premium Supermarkets Growing Rapidly Despite Rising Cost of Living

SEOUL, Mar. 19 (Korea Bizwire) — Despite the rising cost of living in South Korea, premium supermarkets are quickly gaining popularity among high-income earners, with a focus on quality over quantity. The popularity of premium products as a recent retail industry trend has inspired a number of supermarket chains including E-Mart and Lotte Mart, as market [...]

Lotte’s Hypermarket Chain to Stop Selling Cigarettes from Next Year

Lotte’s Hypermarket Chain to Stop Selling Cigarettes from Next Year

SEOUL, Dec. 14 (Korea Bizwire) — Lotte Mart, the third-largest discount store chain in South Korea by revenue, said Thursday that it will stop selling cigarettes next year as it is pushing to specialize in healthy products. Lotte Mart CEO Kim Jong-in said the decision is part of his company’s commitment to transform itself into [...]