Lotte Mart
Retail
Lotte Mart opens in Vietnam; 30 more by 2024
To tap the Southeast Asian fast-growing retail market, Lotte Group, one of the leading South Korean business conglomerates, is learnt to invest around USD 5 billion to develop 30 supermarkets in Vietnam in the next 15 years.Launching its maiden...
Retail
South Korean retailer Lotte seeks Chinese retailer
South Korean retail giant Lotte Group is seeking to acquire a discount retailer in China in an effort to expand its presence in the Chinese market."Lotte Group plans to acquire a discount retailer in China to tap into the...
Retail
Lotte Mart likely to enter Indian market
Lotte Mart set up an office in Delhi to study the domestic market, which suggests their interest in entering the Indian retail market. It is also on look out for Indian franchise partner to establish its discount stores. The...
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Retail sales grow 8% y-o-y in March 2024: RAI Survey
According to the survey, sports goods reported a growth of 11% followed by apparel and beauty showing a growth...
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