15 September 2021
The Weekly

Categories: Department Stores, Home

South Korea

Lotte Shopping will be buying Hanssem, a large Korean furniture company. Lotte would then improve its customer offer and become a strong competitor to Hyundai Department Store Group that owns Hyundai Livart Furniture and Shinsegae Group that owns Casamia. Hanssem, the nation’s largest furniture and home furnishing firm. Lotte Group expects to build synergies with its own brand Lotte Himart, an electronics outlet chain, and the Lotte Department Store.

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