A Decade of Mutual Growth: Lotte Department Store Hosts Accompanying Workshop for Partner Companies

Held in Two Sessions at Lotte Hotel Jeju Starting from the 20th
Targeting Over 200 Small and Medium-Sized Partner Companies

Lotte Department Store announced on the 19th that it will hold the "2026 Accompanying Workshop" in two sessions at Lotte Hotel Jeju from the 20th to the 30th, aimed at promoting mutual growth with its small and medium-sized partner companies.

Lotte Department Store's companion workshop held last year in Inje County, Gangwon Province. Provided by Lotte Department Store

The workshop will bring together executives from the MD Division and buyers of Lotte Department Store with over 200 small and medium-sized partner companies for a meaningful two-day, one-night exchange.

Celebrating its 10th anniversary this year, Lotte Department Store's Accompanying Workshop began in 2014 under the name "Healing Camp" and has since established itself as the company's leading mutual growth program designed to strengthen long-term partnerships with small and medium-sized partners.

Lotte Department Store has continuously carried out various support initiatives to achieve genuine win-win cooperation with its small and medium-sized partners. It operates a mutual growth fund and financial resources totaling 200 billion won, and last year alone provided approximately 63 billion won in interest-free and preferential-rate loans. Additionally, through the "win-win margin system," it offers benefits such as reducing sales commissions by up to 5% for about 150 small and medium-sized partner companies. Furthermore, since 2014, Lotte Department Store has been a pioneer in the industry by operating dedicated sales halls for small and medium-sized enterprises, fully covering their store interior and sales staffing costs.

In recognition of these efforts, Lotte Department Store became the first and only company in the department store and duty-free industry to receive the highest "Excellent" rating in the "Mutual Growth Index" assessment announced in October last year.

Lee Sunghyun, Head of Communications at Lotte Department Store, stated, "As the nation’s leading department store, mutual growth based on trust with our partners is a core value for sustainable growth," adding, "We will continue to expand various mutual growth programs and support measures that provide substantial benefits to our partners going forward."

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