Homeplus Retailer Closes Stores
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This topic isn't active right now. Last covered Jul 22, 2026. See today's headlines.
South Korean retailer Homeplus has temporarily closed its large-format stores nationwide due to a severe funding crisis and depleted operating funds. Employees were reportedly informed of the closures upon arriving for work, with bankruptcy looming for the major hypermarket chain.
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Homeplus secures restructuring extension, plans to reopen 67 stores
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