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
Latest news & developments from Lotte Department Store
- 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’...
- Lotte Department Store
Lotte Sales down in Q2
Lotte Shopping reported KRW4.05tn ($3.42bn) in sales in the second quarter, down 9.2% on year. It swung to a KRW199bn net loss in the...
- Lotte Department Store
Lotte speeds up Store-Exit Plan
Lotte Shopping will sell off 121 stores this year in an attempt to recover from the impact of the coronavirus pandemic on sales. Lotte...