Operating a number of different formats, including department stores and discount stores, Lotte has been marked out by our judging panel as ‘one to watch’ in South East Asia. “Lotte brings good theatre to grocery retailing in South Korea and is increasingly successful outside its home market,” said one judge. To date Lotte has focused on the Korean market, but future expansion will see the company target store openings in China and Indonesia. 

See the complete list of the World’s 50 Best Grocers.