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Hit by Political Crossfire, Lotte's China Exit Said to Stall (2).
- Source :
- Bloomberg.com; 2/13/2018, pN.PAG-N.PAG, 1p
- Publication Year :
- 2018
-
Abstract
- Lotte Group's efforts to sell its China stores have stalled as buyers aren't sure they will be able to run the outlets normally after government allegations of fire safety infractions, a company executive said. South Korea's largest department store operator, Lotte Shopping Co., has taken a sales hit in China over the past year after the group provided land for South Korea's deployment of the U.S. missile defense system known as Thaad. [Extracted from the article]
- Subjects :
- DUTY-free stores
RETAIL stores
DEPARTMENT stores
CHAIN stores
FIRE prevention
Subjects
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 140664354