Lotte Shopping and Hi-mart on Thursday made their merger official by launching their new name, “Lotte Hi-mart,” an entity both parties hope will help take them to the top in the electronics and retail ...

Lotte Hi-Mart's operating profit significantly decreased last year due to increased costs resulting from changes in the standard for ordinary wages. According to the Financial Supervisory Service's ...

Lotte Hi-Mart announced on the 31st that it recorded sales of 652.5 billion Korean won and an operating profit of 19 billion Korean won in the third quarter. Sales and operating profit decreased by 4.

(Reuters) – South Korean electronics retailer Hi-Mart said on Thursday its top shareholders would resume an auction for a controlling stake in the firm after it avoided delisting this week over $228 ...

Lotte Hi-Mart announced on the 2nd that it will launch its private brand (PB) 'HIMADE Kimchi Refrigerator' through Lotte Homeshopping on the 3rd. This is the first time Lotte Hi-Mart is selling PB ...

Lotte Shopping is set to become the leading player in the home appliance market as the country’s anti-trust regulator Monday approved the company’s acquisition of Hi-Mart. The decision comes nearly ...

Lotte Group, Korea’s fifth largest conglomerate in terms of assets, has clinched a deal to acquire Hi-Mart, the country’s largest electronic appliance chain, emerging as the country’s foremost retail ...

SEOUL, Feb 27 (Reuters) - A planned sale of a controlling stake in South Korea's Hi-Mart Co Ltd was rocked by allegations of embezzlement and tax evasion by senior executives at the electronics ...

Should the largest shareholder have the right to manage a company or should it be run by its founder? This is the question that has surfaced in a recent management dispute at Hi-Mart, the nation’s ...

SEOUL/HONG KONG (Reuters) - Shareholders in South Korea's Hi-mart Co Ltd <071840.KS> have rejected a request by private equity fund MBK Partners to extend its exclusive negotiating rights to a ...

Ranchi, March 29: It’s hi-tech vegetable and fruit vending through malls and marts, which is the latest rage in the capital. But, what has proved to be a boon for the customers, is proving to be the ...