Lotte Department Store ranks in the top 10 of ``Global Innovative Department Stores'' = South Korea

On the 29th, South Korea's Lotte Department Store was selected as one of the top 10 ``2023 Most Innovative Department Stores in the World'' at the ``14th Global Department Store Talks'' held by the Continental Department Store Federation (IGDS).
” he revealed. Established in Switzerland in 1946, IGDS is an association of 45 department stores from 38 countries around the world.
The selection of the “Most Innovative Department Store” was supported by 36 department stores from the United States, Europe, and Asia.
An international jury made up of experts in the distribution industry evaluates a variety of fields to determine the award-winning stores. This year, Lotte Department Store opened Lotte World Mall in Jamsil, Seoul.
The show was highly praised for showcasing a variety of brands and content, mainly through the Myeongdong Festival, which was held in May this year due to the COVID-19 virus infection.
The company was also recognized for its efforts to revive the commercial area. In addition, differentiated social contributions were also cited as a reason for selection. Lee Chang-young, head of planning department at Lotte Department Store, said, ``In many ways,
As a result of our innovative efforts to break the boundaries, we have been selected as one of the top 10 most innovative department stores in the world, along with famous department stores from Germany and the UK."