By Diplomacy Journal Lee Kap-soo

Lotte Shopping Co. hosted its 2025 CEO IR Day at The Westin Singapore on September 17 for the third consecutive year, reinforcing its long-term commitment to Southeast Asia expansion, AI transformation, and shareholder value.

The event followed the company's annual CEO IR Day held in Seoul on September 15 and investor meetings in Hong Kong on September 16.

This year's Singapore session brought together a large gathering of institutional investors, asset managers, and analysts. At the event, Vice Chairman and Group CEO of Lotte Retail, Samuel Sanghyun Kim addressed the audience, outlining the company's Transformation 2.0 strategy to drive sustainable global growth and enhance corporate value.

Lotte Shopping is the flagship retail business of Lotte Group, one of South Korea's five largest conglomerates. Guided by its vision to become "the customer's first shopping destination" the company operates a diversified portfolio spanning department stores, hypermarkets, supermarkets, and e-commerce.

It manages over 14,000 stores across Korea and is actively expanding its presence in overseas markets, particularly in Southeast Asia, including Vietnam, Indonesia, and Singapore.

Lotte Shopping secured financial stability through its Transformation 1.0 strategy initiated in 2022, and in 2024 unveiled Transformation 2.0, a plan centered on fostering new growth engines and strengthening core competitiveness, ultimately aiming to enhance shareholder value.

To guide its execution, the company set long-term targets of KRW 20.3 trillion in revenue and KRW 1.3 trillion in operating profit by 2030. Overseas sales are projected to reach KRW 3 trillion by the same year.