What's the name of the Korean supermarket that closed down in China?

The collapse of Korean supermarkets in China is called "LOTTEMART". As of April 3, 20 17, 87 of Lotte's 99 stores in South China have been closed due to Sade's entry into Korea. On September 5th, 20 17, Beijing time, Lotte officially announced the sale of all supermarkets in China. Lotte decided to withdraw from the China market because of its dismal performance in China and unbearable huge losses.

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After the Sadr storm, Lotte Group's business in China was hit hard. Not only has Lotte Mart closed down, but Lotte Department Store is about to withdraw from the Tianjin market. There are only three stores in China, located in Weihai, Chengdu and Shenyang, which have been completely closed.

In China, many Lotte supermarket chains have closed down. Moreover, the business of enterprises in China is also in trouble and has suffered heavy losses. However, in South Korea, Lotte's business is still going smoothly and there is no loss. As for the supermarket chain in the department store business, it has not closed down.