|Number of locations||199 (August 2011)|
|Products||Fresh Foods, Processed Foods, Daily Goods, Electric Home Appliance, Clothing and Miscellaneous|
Lotte Mart is a South Korean hypermarket that sells a variety of groceries, clothing, toys, electronics, and other goods. Lotte Mart is a division of the Lotte Co., Ltd. which is one of the most prevalent food and shopping services in South Korea and Japan. Lotte Mart, part of the Korean conglomerate "Lotte", opened its first branch at Guui-dong, GangByeon, Seoul, Korea on April 1, 1998. In 2006, Lotte Mart opened its first overseas branch. As of August 8, 2011, Lotte Mart has 199 branches. (In Korea 92 branches, In China 82 branches, In Indonesia 23 branches, In Vietnam 2 branches). The brands that Lotte created and sell include Herbon, Wiselect, Withone, Basicicon, Tasse Tasse, and Gerard Darel.
In December 2007, Lotte Mart bought out Makro, an established supermarket chain from the Netherlands; through the M&A deal. By purchasing Makro, Lotte Mart was able to link to the Chinese market. This was the first time Korean retail entered the Chinese market. There are now 82 branches of Lotte Mart in China.
Continuing on their plan of expansion, on October 2008, Lotte obtained PT Makro Indonesia. PT Makro Indonesia ran 19 stores in Indonesia. This was also the first time Korean retail entered the Indonesian market.
Toys R Us
Lotte Mart fulfilled to make a licensed contract with, the biggest toy store in the world in December 2007, Toys R Us., The first Toys R Us opened in South Korea on December 8, 2007 by Wayne, N.J. It was opened in the, 37,000 square feet,Lotte Mart Guro Branch in Seoul, Korea. Other Toys R Us locations are in Guri, Incheon, Samsan, and Jamsil. This Toys R Us offers an extensive collection of toys, children’s clothes, and baby items from around the world. The Lotte Mart Company plans to open 20 more than Toys R Us stores by 2012.
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- "mk 뉴스 Lotte Mart to Relocate to China Once Overseas Sales Surpass Domestic Performance". News.mk.co.kr. Retrieved 2013-03-21.
- "Marketplace - "The largest toy store in the world" - Toys "R" Us Times Square - Ralph Greene - 81/254". World Wide Panorama. 2005-03-19. Retrieved 2013-03-21.