Lotte Group
Lotte Group acquires entire stake in Ministop Korea for $263m
Lotte Group acquires entire stake in Ministop Korea for $263m
Lotte will take over 2,600 Ministop stores across South Korea.
E-commerce retailing formats proliferate in APAC’s retailing industry
Social media, digitalisation, and technology are strong growth drivers for retailers in the region.
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EY’s Olivier Gergele: Innovation advantage comes from scaling what resonates with consumers
He explores where the biggest value opportunities lie whilst emphasising the need to balance standardised scale with deliberate localisation across diverse markets.