Lotte Shopping said on the 15th that it held the "2025 CEO IR Day" at Signiel Seoul in Jamsil, Seoul, and presented a strategy to accelerate "Transformation 2.0" to continuously enhance corporations value. At the event, Lotte Shopping said it will raise overseas sales to 3 trillion won by 2030 and add two to three more complex malls in Vietnam.
Vice Chairman and CEO Kim Sang-hyun of Lotte Shopping, Jeong Jun-ho, head of Lotte Department Store, Kang Seong-hyun, head of Lotte Mart and Super, Park Ik-jin, head of Lotte e-Commerce, and Nam Chang-hee, head of LOTTE HIMART, attended the event and communicated directly with investors. Lotte Shopping CEO IR Day began in 2023 and marks its third year. Each year, Vice Chairman Kim has personally presented strategies and plans to enhance shareholder value.
On the day, Vice Chairman Kim laid out a blueprint to achieve 20.3 trillion won in sales and 1.3 trillion won in operating profit by 2030 through global business expansion, new retail tech businesses, strengthening competitiveness by business unit, improving financial soundness, and expanding shareholder returns.
Lotte Shopping recorded an overseas sales share of 13% and an 18% contribution to operating profit in the first half of this year. Accordingly, it plans to open two to three more premium mixed-use complexes like "Lotte Mall West Lake Hanoi" in Vietnam by 2030. Lotte Mart aims to expand its foothold in Southeast Asia by increasing new stores, including "Lotte Mart Express" in a shop-in-shop format, and to accelerate top-line growth through a consulting business that transfers its merchandise planning (MD) capabilities and operational know-how to local shopping facilities, targeting 3 trillion won in overseas sales.
It will also strengthen AI-based new retail tech businesses. It plans to build an "Agentic Enterprise" system that applies AI across operations to improve efficiency and productivity in shopping, MD, operations, and management support.
In the domestic institutional sector, it will strengthen competitiveness by creating "Lotte Town," the department store's key commercial district; shifting the mart and super to the "Grand Grocery" model; operating e-commerce with a focus on profitability; and pursuing a turnaround and new business expansion at Himart. Home Shopping and Cultureworks will also push for a profitability-centered restructuring and secure new growth engines.
Enhancing financial soundness was also emphasized. After the asset revaluation last year, the liability ratio improved to 129%, down 61 percentage points (P) from the previous year, and reliance on borrowing fund also fell 11 percentage points to 38%. Based on stable liquidity, it plans to boost productivity through AI transition and HR system reforms and maximize corporations value.
Shareholder return policies were also strengthened. Last year, it paid dividends exceeding the minimum dividend standard of 3,500 won, and in Jul. it carried out the industry's first interim dividend. Starting on the 16th, it will hold overseas IR events in Hong Kong and Singapore to expand communication with global investors.
Vice Chairman Kim said, "We will successfully execute Lotte Shopping's unique Transformation 2.0 acceleration strategy to cement our position as customers' first shopping destination," and added, "We will do our best to make Lotte Shopping trusted not only by customers who visit Lotte Shopping but also by shareholders, investors, and partner companies."