Homeplus Shutdown Sparks Chaos as Losses Shift to Workers, Tenants
Homeplus suspended all hypermarkets and headquarters on the 13th after a court ended its rehabilitation, sparking backlash from unions and 2,400 tenants amid bankruptcy fears.
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Homeplus temporarily closes outlets starting Monday
Financially troubled discount store chain Homeplus Co. said Monday it has decided to temporarily close its outlets starting Monday due to a

Homeplus temporarily closes outlets starting Monday
Financially troubled discount store chain Homeplus said Monday it has decided to temporarily close its outlets starting Monday due to a lack

Homeplus falls silent as shoppers, workers await July 20 deadline
The banners still read, “We are open as usual.” But beyond the entrance, the reality is strikingly different. Where shopping carts would nor

[EXPLAINER] How $133 mil. funding dispute between MBK, Meritz pushed Homeplus toward collapse
Once Korea’s second-largest discount store operator, Homeplus decided to temporarily close stores beginning Monday after running out of cash

MBK, Meritz strike last-ditch deal to rescue Homeplus
Homeplus, once Korea's second-largest discount store chain, secured a 200 billion won ($135 million) emergency loan, Thursday, giving itself

Homeplus secures W200b lifeline from Meritz to avert liquidation
Homeplus said Thursday that Meritz Financial Group agreed to extend 200 billion won ($135 million) in emergency financing to the cash-strapp

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