Retail
One story, 0 countries, 1 paper
This topic isn't active right now. Last covered May 10, 2026. See today's headlines.
Homeplus Faces Funding Shortfall Despite Express Sale, Seeks Revised Recovery Plan
Homeplus, a major South Korean retail chain, is facing a critical juncture as it scrambles to finalize a revised rehabilitation plan. The company's initial proposal was rejected by the court due to low feasibility, prompting a more aggressive restructuring strategy that includes significant store closures and the potential sale of its large-format hypermarkets. The urgency stems from a substantial…