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Aug, 2022

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  • Korea’s Number One Retailer Targets $100 mln in Sales Openinig Store in Indonesia

Korea’s Number One Retailer Targets $100 mln in Sales Openinig Store in Indonesia

24 May, 2013

category: Global markets, large

Korea’s number one retailer Lotte Group has been studying Indonesian retail market for 10 years to enter the country, which as they say is a very appealing market due to its huge and growing consumer sector, growing population and developing economy. Partnering with Ciputra World Jakarta project aimed at opening Ciputra World Jakarta  innovative shopping mall Lotte Group through its Lotte Shopping Avenue Indonesia will open on June 22 its first store Lotte Shopping Avenue in the Ciputra World Jakarta. The Korea’s retailer investing about   $ 100 mln  expects to get in three years $ 100 mln… read full article

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Tags: consumer sector, Indonesia investments, Indonesia retail market, Korean retail industry, Lotte Group



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