SEOUL, Feb. 16 (Korea Bizwire) — A growing number of South Korean consumers are purchasing safes for use at home. Lotte Department Store reported a 26 percent increase in sales of home safes last month, compared to the same period last year. Hyundai Department Store and Shinsegae Department Store also reported 43.8 percent and 40.6 [...]
DAEGU, Feb. 4 (Korea Bizwire) — In the first month of this year, the retail industry in the southeastern city of Daegu saw sales of safes for home use jump sharply. Lotte Department Store’s Daegu Branch saw sales of safes for home use rise by 35.7 percent in January compared to a year ago, while [...]
SEOUL, June 14 (Korea Bizwire) – Amid an ongoing investigation into Lotte, one of Korea’s largest conglomerate groups, prosecutors have confiscated the secret safes of Shin Kyuk-ho, founder and general chairman of Lotte, and Shin Dong-bin, the second son of Shin senior and current CEO of Lotte. According to the prosecutors’ office and Lotte officials, [...]