Lotteria

Retail Asia17/02/2023

Sukiya beef bowl chain’s operator, Zensho Holdings, is to acquire burger franchise Lotteria Japan from Lotte Holdings for an undisclosed sum. The deal is expected to be completed on April 1. Entering Japan in 1972 with the first store opened in Tokyo’s Nihonbashi, Lotteria had 358 stores across the country as of January 1. Zensho […]

Retail Asia15/08/2022

All four brands that Jollibee Foods Corp of the Philippines operates in Vietnam, including coffee chain Highlands Coffee, posted losses last year. The corporation, founded by Filipino billionaire Tony Tan Caktiong, established its first company in the country, Jollibee Vietnam, in 2005, as a fast food operator. Since then it has branched into other food […]

Retail Asia20/04/2021

Lotteria Vietnam has said that it will continue its business expansion in Vietnam amid Korean media reports of its closedown over a net loss of nearly US$9 million. The company, which is operated by Lotte GRS under South Korea’s Lotte Group, dismissed a media report that it would cease operations in Vietnam, a spokesperson told Tuoi Tre (Youth) […]

Retail Asia13/12/2018

Lotteria is raising burger prices. The fast food franchise announced Wednesday that it was going to raise the price of 11 of its burgers by an average of 2.2 percent. Its Teri Burger, for example, will now cost 2,300 won ($2.04), up from the original 2,000 won. The price of the Classic Cheese Burger will rise […]

Retail Asia20/07/2018

Lotte Mart Mongolia is opening its first store, in Ulaanbaatar, in the first half of next year. The South Korean retailer has set up a joint venture with local retailer Nomin Holdings, which will sell Lotte’s private label products for the next 10 years. It is initially targeting sales of US$3 million annually. To prepare […]

Retail Asia29/06/2018

Korean conglomerate Lotte is launching its fast-food chain Lotteria in Mongolia. The brand’s restaurant franchise unit, Lotte GRS, will open its first location in the capital city of Ulaanbaatar and increase outlets to 10 over the next four years. The move follows an agreement with Mongolian restaurant and theatre operator Eugenetek Mongolia, which has signed […]

Retail Asia27/02/2017

London-based consultancy JHP Design has created a fast-dining experience for Asian fast-food restaurant group Lotteria. The new concept, called the Lotteria Burger Laboratory, features an open kitchen combined with a made-to-order system, so customers can watch the “burgerista” preparing every stage of their meal. Customers can place orders via an app before arriving, or in […]

Retail Asia24/02/2017

In recent years the world of fast food has been in panic mode. An explosion of casual dining brands and a public that perceives fast food as poorly sourced, artificially flavoured, and uncaring of animals and the environment has reduced both credibility and revenue. LOTTERIA’s response was to follow the lead of discount supermarkets, reducing […]

Retail Asia15/02/2016

Burger King Vietnam has refuted media claims the company is planning to exit the Southeast Asian nation. The US fast food chain entered Vietnam in 2012, initially opening in Ho Chi Minh City’s Tan Son Nhat international airport, before progressively moving into suburban locations in the city. At the time the company projected it would […]

Retail Asia06/11/2015

One in four unlisted affiliates of South Korea’s retail giant Lotte Group are found to meet requirements for a stock market debut, data showed Wednesday. The conglomerate has pledged to simplify its governance structure and boost its managerial transparency through a set of measures, including initial public offerings (IPOs), after a bitter family feud over […]

Tag: Lotteria

Japanese restaurant chain Zensho to buy Lotteria Japan

Jollibee Foods struggles to make profits in Vietnam with 4 brands

Lotte Vietnam denies reports it will close Lotteria fast-food chain

Lotteria burgers get 2.2% more expensive

Lotte Mart makes debut in Mongolia

Lotteria to debut in Mongolia

Lotteria Burger Laboratory concept to open Korea-wide

The Burger Laboratory by Lotteria

Burger King Vietnam ‘not shutting down’

20 Lotte affiliates meet IPO requirements