Dramatic resolution of the crisis of Lotte Gwangbok store business suspension… Residency store, staff relief

Busan City decided to extend temporary use approval two days following disapproval… Controversy over ‘Umpo-yong’

The crisis of closing the Lotte Department Store Gwangbok store due to the delay in the construction of Lotte Tower in Busan has been dramatically resolved.

Busan City extended the temporary use authorization for commercial facilities such as Lotte Department Store Gwangbok, located on the same business site as Lotte Tower at 9 am on the 1st.

Accordingly, commercial facilities such as Lotte Department Store Busan Gwangbok Branch and Lotte Mart opened normally at 10:30 am that day.

About 800 stores and 3,000 employees who were on the verge of losing their jobs, who were concerned regarding the loss of business, breathed a sigh of relief.

An employee of the Lotte Department Store Gwangbok branch said, “I expected Lotte to negotiate well with Busan City, and I didn’t think it would last long even if the business was suspended.”

Dramatic resolution of the crisis of Lotte Gwangbok store business suspension...  Residency store, staff relief

Lotte Department Store’s Gwangbok branch has been able to continue its business virtually without interruption by advancing the regular holiday once a month to one day.

Busan City’s decision to extend the temporary use approval for Lotte Department Store’s Gwangbok branch was decided less than two days following disallowing the additional extension on the 31st, raising controversy over whether this administrative measure was not for ignorance.

This is because it is difficult to understand that the sincerity of the construction of Lotte Tower, which is a key condition for extending the temporary use approval, has changed in just two days.

Just as Lotte took a lukewarm response to the construction of the Lotte Tower by taking over 800 stores and 3,000 employees as hostages, critics are criticizing whether the city of Busan used the temporary use authorization as a cover-up for Lotte.

Dramatic resolution of the crisis of Lotte Gwangbok store business suspension...  Residency store, staff relief

Do Han-young, secretary general of the Busan Economic Research Institute, said, “The reason why the city of Busan overturned the decision should be made public so that citizens can understand it.” It is questionable how the city confirmed its sincerity following a full day.”

A Busan city official said, “We have been coordinating with Lotte regarding Lotte Tower, but they have not shown any will to promote the business.” We made a promise to do so, and it was a dramatic settlement,” he said.

/yunhap news

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