Topic summary
Lotte Department Store
Lotte Department Store (Korean: 롯데백화점 및 롯데홈쇼핑; Hanja: 롯데百貨店) is a Koreanretail 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 Shopping. Other Lotte retail companies include discount storeLotte Mart and supermarket Lotte Super.
Lotte Department Store said October 24, 2024 it will invest 7 trillion won (US$5.06 billion) in shopping malls by 2030 as it seeks to diversify its business portfolios.