Lotte Group

Carrefour Indonesia, the local unit of French giant retailer Carrefour, forecasts further growth in the archipelago’s hypermarket business, supported by strong consumer spending. The Indonesian unit’s sales in the first quarter climbed 12.7 percent to 267 million euros from...

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...

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...