South Korean supermarket chain Lotte Mart, which was once popular in China, will reportedly completely leave the Chinese market by the end of the year. Lotte Mart started operations in China in ...

Since then, at least 23 Lotte Mart stores across China have been shut down by authorities, according to the company. Chinese officials say the stores have been closed because they fail to comply ...

Aside from its hypermart business, Lotte operates more than 20 affiliates in China, which run shopping malls, confectioneries and chemical plants. The Lotte Mart business is the largest and makes ...

to support Lotte Mart in China, according to the company on Thursday (Aug 31), as the discount chain continues to struggle amid negative Chinese consumer sentiment towards South Korea. The funds ...

Lim Byung-yun, a vice president at the company, on Thursday said it would sell its Lotte Mart stores in the world’s most populous nation by the end of the year and that several buyers had ...

SEOUL/JIAXING, China (Reuters) - On a faded notice pasted to the padlocked doors of the Lotte Mart superstore in China's Jiaxing, a date can still be read: March 6, 2017 - when the store was ...