Lotte Shopping Co., Ltd. (), a distribution unit of

Lotte Group Lotte Corporation (or Lotte Group) is a South Korean multinational conglomerate corporation, and the fifth-largest chaebol in South Korea. Lotte began its history on June 28, 1948, by Korean businessman Shin Kyuk-ho in Tokyo. Shin expa ...

, is a multinational retailer headquartered in

Seoul Seoul (; ; ), officially known as the Seoul Special City, is the capital and largest metropolis of South Korea.Before 1972, Seoul was the ''de jure'' capital of the Democratic People's Republic of Korea (North Korea) as stated iArticle 103 ...

, South Korea. Founded in 1979, Lotte Shopping operates various retail stores, including

department stores A department store is a retail establishment offering a wide range of consumer goods in different areas of the store, each area ("department") specializing in a product category. In modern major cities, the department store made a dramatic appea ...

outlet stores An outlet store, factory outlet or factory shop is a brick and mortar or online store in which manufacturers sell their stock directly to the public. Traditionally, a factory outlet was a store attached to a factory or warehouse, sometimes allowin ...

hypermarkets A hypermarket (sometimes called a hyperstore, supercentre or superstore) is a big-box store combining a supermarket and a department store. The result is an expansive retail facility carrying a wide range of products under one roof, including ...

drug store A pharmacy (also called "drugstore" in American English or "community pharmacy" or "chemist" in Commonwealth English, or rarely, apothecary) is a retail shop which provides pharmaceutical drugs, among other products. At the pharmacy, a pharmacis ...

chains, and

e-commerce E-commerce (electronic commerce) is the activity of electronically buying or selling of products on online services or over the Internet. E-commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain manageme ...

. It is also engaged in the film industry by holding the majority of its stake in

Lotte Cultureworks Lotte Cultureworks ( ko, 롯데 컬처웍스), formerly known as Lotte Entertainment ( ko, 롯데 엔터테인먼트) is a South Korean film production and distribution company. Established in the Republic of Korea, the company has distributed fi ...

Businesses

Lotte Shopping's primary business divisions and subsidiaries include: Business divisions *

Lotte Department Store Lotte Department Store () is a Korean retail company established in 1979, and headquartered in Sogong-dong, Jung-gu, Seoul, South Korea. Lotte Department Store offers retail consumer goods and services and is one out of 8 business units of Lotte ...

Lotte Mart Lotte Mart is a South Korean hypermarket that sells a variety of groceries, clothing, toys, electronics, and other goods, with headquarters in South Korea. Lotte Mart is a division of the Lotte Co., Ltd. which sells food and shopping services ...

* Lotte Super Subsidiaries * Lotte Homeshopping *

Lotte Hi-Mart Lotte Hi-Mart () is a South Korean retailer of electronic goods. It was originally a unit of bankrupt Daewoo Electronics that founder Seon Jong-koo spun off in 1999. Hi-Mart is headquartered in Seoul. Hi-mart was taken over by Lotte Corporation o ...

Lotte Shopping operates Korea's largest

department store A department store is a retail establishment offering a wide range of consumer goods in different areas of the store, each area ("department") specializing in a product category. In modern major cities, the department store made a dramatic app ...

chain and the second-largest

hypermarket A hypermarket (sometimes called a hyperstore, supercentre or superstore) is a big-box store combining a supermarket and a department store. The result is an expansive retail facility carrying a wide range of products under one roof, including ...

chain in Korea. Lotte runs a home appliance retailer by acquiring Hi-Mart for 1.25 trillion won in 2012. Hi-Mart was the nation's top consumer electronics retailer, with 314 stores. Lotte Shopping also had the multiplex cinema chain

Lotte Cinema Lotte Shopping Co., Ltd. (Hangeul: 롯데쇼핑㈜롯데시네마) is a chain of movie theatres in South Korea. Lotte Cinema is multiplex place in South Korea. Lotte Cinema was established in 1999. As of January 2018, 112 facilities in Korea are ...

under its wing but decided to spin off the cinema business department as a subsidiary, Lotte Cultureworks, in 2018. Lotte Shopping also runs its retail business in the Southeast Asian market, including Vietnam and Indonesia. Lotte Shopping once operated five department stores and 99 discount stores in the mainland China market. However, after South Korea deployed

THAAD Terminal High Altitude Area Defense (THAAD), formerly Theater High Altitude Area Defense, is an American anti-ballistic missile defense system designed to shoot down short-, medium-, and intermediate-range ballistic missiles in their termina ...

in a golf course owned by the Lotte Group, the company withdrew its retail business from China as it failed to recover from a boycott campaign.

Gallery

Lotte Department Main Store.JPG, Lotte Department Main Store in Seoul Lotte department store, Hà Nội 001.JPG, Lotte Department Store in Hanoi MAXX상무점.jpg, Lotte Mart in Gwangju Lotte Mart Kelapa Gading.JPG, Lotte Mart in Jakarta 2020-07-05 things places in south korea IMG 2491.jpg, Lotte Hi-Mart in Jecheon

References

External links

* {{Authority control Lotte Corporation subsidiaries South Korean companies established in 1979 Companies listed on the Korea Exchange

Businesses

Gallery

See also

References

External links