Tag: lotte mart

lotte mart

Latest News

Korea holds nationwide air raid drill

A 20-minute civil defense exercise sent people to shelters and cleared roads for emergency vehicles across the country.

2026.8.20

Korea’s online grocers feel the heat as cold chains face a melt-down test

Record summer temperatures are prompting retailers to add coolant, upgrade packaging and automate freezer warehouses as delivery complaints rise.

2026.8.18

Convenience stores, supermarkets ramp up budget beauty offerings

Convenience stores and supermarkets are expanding 5,000-won cosmetics lines as demand rises among local shoppers and foreign tourists.

2026.6.23

The grocery aisle's newest battleground: The 1,000 won shelf

Korea’s top hypermarkets are adding more ultra-low-priced private-label items to attract inflation-weary shoppers and gain ground as Homeplus struggles.

2026.6.17

Melon madness

Watermelons are displayed at a supermarket in Seoul on April 19.

2026.4.19

A notice about consumer coupon usage at large supermarkets is seen at a supermarket branch in Seoul on July 28. While large supermarket chains are ineligible for consumer voucher usage, customers can use the coupons at tenant-leased branches of such chains. [NEWS1]

Despite exclusion, major retailers launch sales with foot traffic expected to spike

The three major supermarket chains in Korea are expanding discount events with unprecedentedly low prices as they attempt to attract more customers after being excluded from the government’s latest consumer voucher program.

2025.7.28

A side dish corner at a department store in central Seoul's Jung District on July 21 after 6 p.m. lures office workers looking to buy items on sale. [LIM SUN-YOUNG]

Wine classes and price slashes: Department stores the new after-work hotspot

From wine tastings to pre-closing discounts, department stores are making big moves to lure white-collar workers on the way home from the office — and it's working, with convenience stores and hypermarkets fighting for a share of the market.

2025.7.23

Customers buy ramyeon at a supermarket in Seoul on June 23. [NEWS1]

Retailers drastically slash prices to boost sales amid inflation-fueled spending drought

Retailers are rolling out ultra-low-priced products as inflation-weary consumers keep their wallets closed. The strategy, known as “small margin, high volume,” aims to boost overall sales by offering essential items at rock-bottom prices.

2025.6.23

Customers shop at a Lotte Mart in Eunpyeong District, northern Seoul, on April 1. [YONHAP]

Lotte Mart enters Singapore market with PB products

Lotte Mart, a discount store chain under Korean retailer Lotte Shopping, said Thursday it has entered the Singaporean market with Korean food items and its private brand products.

2025.5.15

The produce section at a Homeplus Mega Food Market in Gangseo District, western Seoul [CHO YONG-JUN]

Explainer: Korea's superstores are slowly becoming grocery stores

Korean hypermarkets are shifting their focus to groceries, struggling against e-commerce competition, particularly from Coupang and AliExpress, as they increasingly emphasize food sales to survive in a changing retail landscape.

2024.10.13

Tag: lotte mart

lotte mart

Latest News

Korea holds nationwide air raid drill

Korea’s online grocers feel the heat as cold chains face a melt-down test

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