Seoul, Oct. 27 -- Top executives from South Korea's retail giants will head to Gyeongju, North Gyeongsang Province, this week for the Asia-Pacific Economic Cooperation (APEC) CEO Summit, as per a report by Pulse, the English service of Maeil Business News Korea.

Citing industry sources, the report said on Monday that retail chiefs, including Lotte Group Chairman Shin Dong-bin and Shinsegae Group Chairman Chung Yong-jin, will attend the opening ceremony and key sessions of the summit on Wednesday, where global business leaders and policymakers will discuss economic cooperation and sustainable growth.

Korea's delegation plans to hold bilateral meetings with foreign heads of state and executives from multinational firms.

"Lotte Group, one...