Lotte Department Store

Lotte Department Store is the largest department store in Korea, aiming to become a global company.

Retail activity

								
									Number of employees
									5,282
								
									Number of stores
									61
								
									Founded
									1979

Lotte Department Store
Lotte's Interim Results Q3

Lotte reported a 6.8% year-on-year fall in revenue for the third quarter. The retailer’s reported revenue of KRW4.1tn (US$ 3.6bn) for the...
Lotte Department Store
Lotte Department Store targets the Young and the Rich

In 2018, 44% of shoppers of luxury goods were under the age of 40. The ratio has increased to 46% a year later, and 47.9% in 2020. This...
Lotte Department Store
Lotte Shopping readjusting Portfolio

Lotte is moving to divest its TGI Friday’s restaurant chain rights in South Korea as it restructures its business portfolio. The groups’...