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Homeplus

Homeplus Archives

South Korean discount warehouses prosper during pandemic

Unlike shopping malls struggling in the aftermath of the onset of the coronavirus pandemic, discount warehouses are seei...

Convenience stores in South Korea outperform supermarkets

The slump in fortunes at large discount stores is continuing and the growth of convenience stores in South Korea is acce...

Korean retailers move to capitalise on ‘petfam’ trend

With a growing number of so-called ‘petfam’ South Koreans regard their companion animals as family members, the retail i...

South Korea’s largest retailers forced to embrace delivery services

South Korea’s largest retailers are having to invest in logistics to cope with rising online spending and personalised d...

Tesco Thailand could open 750 new convenience stores

Tesco Thailand is evaluating opening 750 more convenience stores, which would expand its overall network by about 50 per...

MBK calls off Korean Homeplus property float

South Korean private equity firm MBK Partners has cancelled a planned Homeplus property float due to lack of interest.

H&M to open in Homeplus Bucheon

Swedish fashion label H&M is launching an outlet at the Homeplus Bucheon hypermarket in South Korea.

Homeplus Special makes debut in Daegu

Korean discounter Homeplus has opened a bulk products and grocery store hybrid called Homeplus Special in Daegu.

Homeplus may establish and list REIT

South Korean hypermarket chain Homeplus is considering establishing a real-estate investment trust.

Massive Homeplus fine for franchisee misrepresentation  

Massive $450,000 Homeplus fine follows misleading advice to 206 prospective franchisees.