Lotte Shopping Co Ltd - Company Profile
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Lotte Shopping Co Ltd (Lotte Shopping) is a multi-format retailer. The company manages its business activities through various department stores, discount stores, shopping malls, hypermarkets, supermarkets, and movie theaters. The company's main activities involve the sale of merchandise and leasing services across its diverse retail platforms. It merchandises fresh meat, seafood, fruits, vegetables, dry fruits, processed foods, meal innovation, home and living, fashion and toys, household goods, and premium electronic products. The company also offers various services, including smart shopping services, online to offline services and smart pick services to its customers. Lotte Shopping, through subsidiaries, operates retail distribution, investment, and movie theatres services. It operates stores across South Korea, China, Indonesia, and Vietnam. Lotte Shopping is headquartered in Seoul, South Korea.
Headquarters
South Korea
Address
81, Namdaemun-Ro, Jung-Gu, Seoul, 04533
Website
www.lotteshoppingir.com
Telephone
82 2 15770001
No of Employees
18,832
Industry
Retailing
Ticker Symbol & Exchange
023530 (KRX)
Revenue (2024)
$9.7B
-1.8%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
105.3%
(2024 vs 2023)
Market Cap*
$2.8B
Net Profit Margin (2024)
XYZ
105.5%
(2024 vs 2023)
* As of and is in US$
Lotte Shopping Co Ltd premium industry data and analytics
Products and Services
| Services |
|---|
| Rental Services |
| E-Commerce Services |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Plans/Strategy | In July, the company announced its plans to close the Lotte Factory Outlet Gasan branch. |
| 2025 | New Products/Services | In May, Lotte Mart launched Korean food items and its private brand products in Singapore market. |
| 2024 | Plans/Strategy | In July, the company announced its plans to acquire a 4.02% stake in Lotte Properties Chengdu, a provider of real estate services for US$313.2 million. |
Competitor Comparison
| Key Parameters | Lotte Shopping Co Ltd | Shinsegae Inc | Shanghai Bailian Group Co Ltd | Hyundai Department Store Co Ltd | China Resources Vanguard Co. Ltd. |
|---|---|---|---|---|---|
| Headquarters | South Korea | South Korea | China | South Korea | China |
| City | Seoul | Seoul | Shanghai | Seoul | Shenzhen |
| State/Province | Seoul | - | Shanghai | Seoul | Guangdong |
| No. of Employees | 18,832 | 1,414 | 16,096 | 2,412 | 200,000 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| SungHyun Kang | Chief Executive Officer; Director | Executive Board | 2021 | - |
| Samuel Sanghyun Kim | Chief Executive Officer; Director | Executive Board | 2024 | - |
| Joonho Chung | Director; Chief Executive Officer | Executive Board | 2024 | - |
| Junho Jung | Director; Chief Executive Officer | Executive Board | 2022 | - |
| Hojoo Chang | Director; Head - Financial Innovation Division, Distribution HQ | Executive Board | 2022 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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