Homeplus's rocky road continues despite W200b lifeline
Homeplus pulled back from the edge of bankruptcy on Thursday by securing 200 billion won ($135 million) in emergency financing from Meritz Financial Group, but the retailer still faces a steep climb…
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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
[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
Homeplus Suppliers to Get Up to 500 Million Won in Emergency Loans
The Korean government and banks will provide up to 500 million won in emergency working capital per company to Homeplus suppliers hit by the
Homeplus Suspends Nationwide Stores From 13th Amid Cash Crunch
Homeplus will temporarily suspend its headquarters and hypermarket stores from the 13th due to a cash shortage, with reopening depending on
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 Off Life Support as Blame Game Eats Away Golden Hour
A blame game between MBK and Meritz stalls efforts to rescue Homeplus, which failed to raise 200 billion won, as about 100,000 livelihoods h
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