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Landmark shopping mall opened by Lotte



The Lotte Group, a retail giant based in South Korea, is set to open the nation’s biggest shopping mall, Lotte World Mall, in the Jamsil region of southern Seou.
A president of the group said he was very pleased to see the first step being taken in the company’s dream of building a global landmark in Korea. 

Presently, Lotte’s attention is focused on completing the mall on time and in promoting this large shopping center.

According to the Lotte Group, the mall offers a variety of shopping and entertainment opportunities that has not been seen across Asia.
Some of the facilities include a top-end department store carrying luxury goods, a movie theatre with the world’s widest screen and the third-largest duty free store globally.  Language support and other services for foreign visitors will be available as the owners are expecting many visitors from China.

It is estimated that the mall will accumulate annual sales of around US$1.5 trillion and 6000 new jobs will be created. More than 960 luxury brands will be sold in the new mall. 

This may all sound very exciting, but controversy surrounds the building as regards safety and traffic congestion.  Jamsil is one of the largest residential districts in southern Seoul and has suffered from intense traffic congestion, which could be worsened by the opening of a new mall.

In a bid to relieve this problem, Lotte World Mall has been forced by Seoul City to offer parking spaces only to those who make advance bookings, but this will cause immense inconvenience to shoppers.

The group is prepared to work closely with the city officers to improve the traffic flow and limit any inconvenience to visitors.

More about shopping malls in South Korea



YESTERDAY, Japan:
The application, named StyleHint, will help you find fashion offers from brands including UNIQLO and GU.
DAY BEFORE YESTERDAY, China:
The Chinese online retail giant has officially introduced a logistics robot that will deliver goods to consumers.
DAY BEFORE YESTERDAY, USA:
The retailer's trademark will be called Free Assembly, under which customers will be able to buy clothes for both men and women.
Sep 18, 2020, Taiwan:
Dutch studio MVRDV has transformed an abandoned shopping center in Taiwan into an unusual public space.
Sep 18, 2020, Israel:
In Israel, a national quarantine begins to operate again from September 18, 2020.
Sep 18, 2020, Sweden:
Shoppers will select goods from different stores in the mall on one website and then pick them up conveniently.
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