Kevin covers retail, airports, and the global traveling shopper. The biggest travel retailer in the South Korean market, Lotte Duty Free, is stepping up its promotional campaigns as it seeks to ...

SEOUL/SHANGHAI (Reuters) - Chinese authorities have closed nearly two dozen retail stores of South Korea's Lotte Group following inspections, ramping up pressure on the conglomerate amid a ...

SEOUL-South Korea’s retail giants, Lotte and Shinsegae, are on a collision course over department store domination of Seoul’s Myeongdong district, racing to reinvent their retail strongholds ...

Instead he would build one of South Korea’s largest conglomerates, the Lotte brand, and become known as Asia’s “chewing gum tycoon”. Today, Lotte has a global chain of fast food ...