Published by MBA Skool Team, Last Updated: April 26, 2020
SWOT analysis of Lotte Shopping analyses the brand by its strengths, weaknesses, opportunities & threats. In Lotte Shopping SWOT Analysis, the strengths and weaknesses are the internal factors whereas opportunities and threats are the external factors.
SWOT Analysis is a proven management framework which enables a brand like Lotte Shopping to benchmark its business & performance as compared to the competitors. Lotte Shopping is one of the leading brands in the lifestyle and retail sector.
The table below lists the Lotte Shopping SWOT (Strengths, Weaknesses, Opportunities, Threats), top Lotte Shopping competitors and includes its target market, segmentation, positioning & Unique Selling Proposition (USP).
Retail stores having all the basic groceries and daily needs products
SWOT Analysis of Lotte Shopping
Lotte Shopping Strengths
Below are the Strengths in the SWOT Analysis of Lotte Shopping:
1. 10000+ employees 2. Subsidiaries are LotteCard, Lotte.com, LotteMidopa, LotteBoulangerie, LotteHomeShopping 3. Number of locations are 35+ 4. High growth rate and sustained financial performance
5. It will buy controlling stake in local electronics retailer to enhance brand
6. The retailer, one of Asia's largest with a presence from Russia and China to Vietnam and Indonesia
Lotte Shopping Weaknesses
Here are the weaknesses in the Lotte Shopping SWOT Analysis:
1.Competition from domestic players is very high which means market share is limited 2. Lacks global presence as compared to market leaders
Lotte Shopping Opportunities
Following are the Opportunities in Lotte Shopping SWOT Analysis:
1.Disposable income is increasing of the customers
2. Tapping the international market specially emerging economies
3. Acquisition of smaller retail chains
4. More visibility through advertising and customer focused services
Lotte Shopping Threats
The threats in the SWOT Analysis of Lotte Shopping are as mentioned:
1.FDI policies of various country 2.High area and capital requirement
3. Expansion of competitors is a concern
Lotte Shopping Competition
Lotte Shopping Competitors
Below are the top 3 competitors of Lotte Shopping:
1. Sear's Holdings 2. TJX Cos 3. Falabella
This article has been researched & authored by the Content & Research Team. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.
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