trending Market Intelligence /marketintelligence/en/news-insights/trending/bgt9i2ou-nmm43wcaps11w2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Lotte to close Chinese department stores amid unofficial boycott

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate CRE Sector Feels the Impact of the Coronavirus

S&P Global Market Intelligence

Cannabis: Hashing Out a Budding Industry

Credit Analytics Case Study Poundworld Retail Ltd


Lotte to close Chinese department stores amid unofficial boycott

South Korean-Japanese conglomerate Lotte Group plans to close its department stores in China amid an unofficial boycott there stemming from South Korea's deployment of a Terminal High-Altitude Area Defense, or THAAD, missile defense battery, for which Lotte sold a golf course to the South Korean government to serve as the site, Chosun Media reported.

Lotte plans to completely close its two malls in Tianjin and three in Weihai, but will continue to operate the hotels, offices, theaters and theme parks in the malls in Shenyang and Chengdu, according to the report.

Citing an unnamed Lotte staffer, the report noted that the leases of the stores up for closure have not yet expired, and the conglomerate is considering selling them.

Lotte opened its first store in Beijing 10 years ago, and at one point planned to expand the number of Chinese department stores to 20 by 2018. It was reported in 2017 that Lotte Shopping Co. Ltd. planned to sell its Lotte Mart stores in China as the business suffered due to the missile row. Lotte was also said to be seeking buyers for its entire Chinese store portfolio.