Lotte Hi-Mart Takes Emergency Support Measures to Overcome COVID-19

[Asia Economy Reporter Seungjin Lee] Lotte Hi-Mart announced on the 4th that it will provide emergency support for those facing difficulties in daily life and economic activities due to the spread of the novel coronavirus infection (COVID-19).

Lotte Hi-Mart plans to provide hygiene kits and conduct disinfection for socially vulnerable households nationwide and local child welfare facilities. First, hygiene kits will be provided to 200 low-income vulnerable households. The hygiene kits will consist of hand sanitizers, disinfectants, masks, and other items necessary for personal hygiene.

Disinfection work will be carried out at local child welfare facilities. Disinfection will be conducted at 100 facilities nationwide, including local children's centers and orphanages, which are vulnerable to immune deficiencies, with priority support given to the Daegu and Gyeongbuk regions.

Lotte Hi-Mart will also provide free disinfection support to about 200 business sites of partner companies with whom it has win-win growth agreements and ongoing transactions, especially prioritizing partners located in the Daegu and Gyeongbuk regions if they apply for disinfection.

In addition, various win-win programs will be implemented to help small and medium-sized partners overcome difficulties caused by COVID-19, including interest reductions on loans through a 50 billion KRW win-win growth fund, shortening payment deadlines, and supporting sales channels for small and medium partners through online promotional events.

Lee Dong-woo, CEO of Lotte Hi-Mart, said, “As COVID-19 is spreading nationwide, we decided to provide support to help socially vulnerable groups and small and medium partners,” adding, “Lotte Hi-Mart will continue to pay attention to socially vulnerable groups and constantly seek ways to coexist with our partners.”

This content was produced with the assistance of AI translation services.