Lotte Shopping Company Limited
SEO:023530 ISIN:KR7023530009
Lotte Shopping Company Limited is a Korea-based department store chain operator. The Company operates its business mainly through two segments: department stores and discount stores. Lotte department stores and Lotte discount stores offer clothes, shoes, accessories, electric products and sports products. In addition, the Company operates supermarkets, cinemas and shopping malls, as well as global fashion and food business. As of December 31, 2008, the Company had 25 department stores, 63 discount stores, 110 supermarkets, 46 cinemas and 30 Krispy Kreme Doughnuts (KKDs) in Korea.
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Zoono Group Limited (ASX:ZNO) is pleased to announce that, via its distributor Stayzon, the supermarket giant, Woolworths Limited (ASX:WOW), will stock Zoono's Hand Sanitiser & Protectant. The Stayzon branded hand sanitiser products will be available for sale from early August 2017.
US stocks closed mixed overnight as the market wobbled after the US Federal Reserve decided to maintain its interest rates at record low to support the subdued recovery. The central bank's upbeat outlook of the economy has led to speculation about a faster interest rate rise.
South Korea's Lotte Department Store, the flagship unit of Lotte Shopping Co. Ltd (SEO:023530) is considering expanding into India, and aim to operate 20 stores in China by 2018.
Asian major markets opened mixed on Thursday. South Korea's KOSPI and Hong Kong' Hang Seng Index were up in the morning, while Tokyo stocks traded lower, struggling between good and bad news.
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