LOTTE SHOPPING CO., LTD. is a Korea-based company primarily engaged in the operation of large scale shops including department stores, supermarkets and others. The Company operates its business mainly through two segments: department stores and discount stores. The Company, through Lotte department stores and Lotte discount stores, is engaged in the provision of clothes, shoes, accessories, electric products, furniture, sports products, food and others. In addition, the Company operates supermarkets, cinemas, parks and shopping malls. As of December 31, 2010, the Company had 29 department stores, 90 discount stores, 277 supermarkets and 68 cinemas in Korea. On August 1, 2012, it merged with its wholly owned subsidiary, Lotte Square Co., Ltd, mainly engaged in the department store retail business. On January 1, 2013, it merged with Lotte Midopa Co., Ltd., a Korea-based department store chain operator. After the merger, the Company survived and Lotte Midopa was dissolved.