Lotte Shopping

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SOUTH KOREA: Lotte profits jump 13% on sales gains

19 May 2011

South Korean retailer Lotte Shopping has booked a 13% jump in first-quarter profits, boosted by a strong sales and operating performance.

INDONESIA: Wal-Mart in talks over "Matahari partnership"

8 Feb 2011

Wal-Mart Stores is reportedly in talks with Matahari Putra Prima over a possible partnership to develop the Indonesian retailer's hypermarkets.

SOUTH KOREA: Hypermarket earnings boost Lotte FY profits

28 Jan 2011

South Korean retailer Lotte Shopping has booked an increase in full-year profits, driven by "strong" earnings from its department stores and hypermarkets.

INDONESIA: Matahari to retain hypermarket business

11 Jan 2011

Indonesia's largest grocery retailer PT Matahari Putra Prima has announced it will keep its hypermarket business, Hypermart, which had reportedly attracted interest from Wal-Mart Stores and Casino last year.

INDONESIA: "Four firms in running" for Matahari

3 Dec 2010

Indonesian retailer Matahari has said that four firms, including Lotte Shopping, are interested in investing in its hypermarket business, according to reports.

INDONESIA: Wal-Mart, Casino, Lotte "in running for Hypermart"

17 Nov 2010

Wal-Mart Stores, France's Casino and South Korea's Lotte Shopping have all reportedly advanced to the next round of bidding for Indonesian retailer Matahari Putra Prima's hypermarket business.

INDONESIA: Wal-Mart "joins bidding" for Hypermart

4 Nov 2010

Wal-Mart Stores has reportedly joined the bidding for Indonesian retailer Hypermart.

INDONESIA: Lotte, Carlyle "table bids" for Hypermart chain

2 Nov 2010

South Korea-based Lotte Shopping and private-equity chain Carlyle have reportedly tabled bids for Indonesia retail chain Hypermart.

SOUTH KOREA: Lotte Shopping Q3 profits up by a quarter

28 Oct 2010

South Korean retailer Lotte Shopping saw earnings jump by over a quarter in the third quarter of 2010 after operating profit from its hypermarket business more than doubled.

CHINA: Lotte Group to accelerate expansion

20 Aug 2010

The South Korean supermarket giant and department store retailer Lotte Group has revealed a new strategy for the Chinese market, accelerating its expansion in China and announcing it will open its first Chinese single ownership store in Tianjin in 2011.

SOUTH KOREA: Lotte books lift in H1 profits

28 Jul 2010

South Korean retailer Lotte Shopping has reported a 15.3% gain in first-half net income on higher profits from its discount stores.

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