Lotte Department Store to Advance Payment of 300 Billion KRW to Small and Medium Partners Ahead of Chuseok
Coffee Truck Provided to Outstanding Partner Companies
Angel-in-us Coffee Truck is visiting outstanding partner companies and providing free beverages to employees.
View original image[Asia Economy Reporter Lim Chun-han] Lotte Department Store announced on the 10th that it will advance the payment of 300 billion KRW in sales proceeds to small and medium-sized partner companies ahead of Chuseok.
Lotte Department Store plans to pay the July sales proceeds to about 2,200 partner companies one week earlier on the 23rd of this month. This is intended to provide practical benefits to partners who need smooth cash flow management before the holiday.
Outstanding partners will be visited in person to strengthen communication. Until the 19th of this month, Angel-in-us Coffee trucks will visit 60 locations to provide free beverages such as coffee and juice. Events such as acrostic poems supporting partners and social media (SNS) upload campaigns will be held, with prizes like company dinner expenses awarded.
Meanwhile, ESG (Environmental, Social, and Governance) management of small and medium-sized partners will also be supported. Lotte Department Store, in collaboration with the Win-Win Growth Committee, will select 16 small and medium-sized partners to provide free ESG management consulting. After recruitment and selection of support targets, consulting will be conducted for about four months from the end of this month until the end of the year. Through ESG guideline education tailored to small businesses, they plan to assist in establishing ESG management strategies and indicators. Upon completion of the consulting, the Win-Win Growth Committee’s ESG Excellent Company certification will be awarded, along with extended support from the Win-Win Growth Fund operated by the company and preferential benefits for the fund.
Hot Picks Today
Samsung Electronics Introduces New "Special Performance Bonus" for Semiconductors, Paid Entirely in Company Shares
- "Could I Also Receive 370 Billion Won?"... No Limit on 'Stock Manipulation Whistleblower Rewards' Starting the 26th
- Opening a Bank Account in Korea Is Too Difficult..."Over 150,000 Won in Notarization Fees Just for a Child's Account and Debit Card" [Foreigner K-Finance Status]②
- "From a 70 Million Won Loss to a 350 Million Won Profit with Samsung and SK hynix"... 'Stock Jackpot' Grandfather Gains Attention
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
Jung Jun-ho, CEO of Lotte Department Store, said, “As we approach Chuseok, a time for everyone to enjoy together, we have thoughtfully prepared various win-win activities to support the management activities of our partners,” adding, “We will continue to create opportunities for Lotte Department Store and its partners to grow together.”
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
!["Please Help": How Much Do Those Bowing 90 Degrees Really Earn? [Data Pick]](https://cwcontent.asiae.co.kr/asiaresize/307/2026052010120870131_1779239528.png)
