- Lotte Shopping, country’s fifth largest conglomerate
- Dropping business in sales
- Massive competition from e-commerce rivals, COVID-19 outbreak
The retail giant of South Korea, Lotte Shopping which operates several department stores are running on a loss. The stores in total have lost almost $1 Billion in the final quarter of 2019 and may even fac....
Tags : LOTTE TOWN, 200 SHOPS TO CLOSE, FACING LOSS,