Founder of South Korean retail giant Lotte dies at 97

Founder of South Korean retail giant Lotte dies at 97

The founder of South Korea's sprawling retail conglomerate Lotte Group has died at the age of 97, company officials said Sunday (Jan 19).
Lotte.vn quits e-commerce race in Vietnam

Lotte.vn quits e-commerce race in Vietnam

South Korean giant Lotte announced closing the curtains on its Lotte.vn website, effectively quitting the e-commerce race in Vietnam.
Ho Chi Minh City green-lights Lotte Eco-smart City

Ho Chi Minh City green-lights Lotte Eco-smart City

Ho Chi Minh City People’s Committee will propose the prime minister to permit Lotte Group to continue its Eco-smart City located in Thu Thiem New Urban Area.
Lotte Finance marks official debut in Vietnam

Lotte Finance marks official debut in Vietnam

Lotte Card launched Lotte Finance in Vietnam, marking an important milestone in the financial market after nearly six months of business operation.
LOTTE Finance launches credit cards with annual fee cashback for life

LOTTE Finance launches credit cards with annual fee cashback for life

The credit card launch marks an important milestone for Lotte Finance in positioning its premium brand in the Vietnamese market.
Lotte E&C accelerates expansion in Vietnam

Lotte E&C accelerates expansion in Vietnam

Lotte E&C will co-operate with Hung Loc Phat Corporation to develop a real estate project in District 7 of Ho Chi Minh City.
LotteCinema obscenely violates food safety

LotteCinema obscenely violates food safety

Pictures of gross violations of food hygiene were posted on LotteCinema's Facebook fanpage by the management itself.
Lotte Duty Free opens second outlet in Vietnam

Lotte Duty Free opens second outlet in Vietnam

Lotte Duty Free will co-operate with a local firm to open a new airport duty free store in Cam Ranh International Airport in Nha Trang.
Lotte opposes PAN at Bibica's general shareholders’ meeting

Lotte opposes PAN at Bibica's general shareholders’ meeting

BBC refused Lotte's request for information on its project in Long An as it is only available to large shareholders.
Lotte wants new 50-year lease to turn profit with Lotte Mall Hanoi

Lotte wants new 50-year lease to turn profit with Lotte Mall Hanoi

Nearly two years after acquiring the largest trade centre in Hanoi from Citra West Lake City Development Co., Ltd., Lotte Group has yet to break ground on its Lotte Mall Hanoi, as the remaining period of operations is too short to turn a profit.
Lotte Mart faces sizeable payment for rent in arrears

Lotte Mart faces sizeable payment for rent in arrears

South Korea’s Lotte Vietnam Shopping is facing a payment of VND187.3 billion ($8.3 million) in arrears for rent at its Lott Mart location in the southern province of Ba Ria-Vung Tau.
Full colour of e-commerce competitiveness

Full colour of e-commerce competitiveness

E-commerce retailers have found a spectacular way to turn Lazada's birthday promotions against it.
South Korea's Lotte to sell some China stores after missile row

South Korea's Lotte to sell some China stores after missile row

South Korea's retail giant Lotte Shopping will sell some of its Chinese stores to a local chain after suffering huge losses due to a diplomatic row with Beijing over a US missile defence system, it said on Thursday (Apr 26).
Lotte considers opening more stores in Vietnam

Lotte considers opening more stores in Vietnam

Korean retail giant Lotte is considering whether to open more stores in major Vietnamese cities, including the capital city of Hanoi and the southern largest economic hub of Ho Chi Minh City.
Changing customer habits bring online retail to fore

Changing customer habits bring online retail to fore

As global brands are scaling up efforts to promote online sales and avail themselves of traditional retail outlets, to garner similar benefits, trade centres need to be flexible to keep up with customers’ fast changing appetite.
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