Lotte Group’s distribution filial piety, Lotte Hi-Mart, has fallen into the red

Analysis Lotte Group’s distribution filial piety Lotte Hi-Mart’s deficit has fallen into the swamp

Lotte Hi-Mart, which recorded its first-ever deficit last year, was once considered the biggest filial son of Lotte’s distribution business in the first quarter of this year due to worsening profitability, but it was hit online and sluggish demand from home appliance makers

httpsnnewsnavercommnewsarticle0310000745945sid=101

I’m not a good son but a bad son

As for E-Mart and distribution, competition is fierce, so the deficit will continue to accumulate