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Homeplus Archives

E-commerce And Online Shopping

Reports from the UK suggest a sale of Tesco Korea is now imminent after a preferred bidder was selected.

Tesco Korea strategy paying off

Tesco Plc’s strategy to draw out bidders for its Tesco Korea Homeplus operation is paying off.

PE leading race for Tesco Korea

Private equity companies have been invited to bid for Tesco Korea Homeplus according to reports.

Affinity Equity linked to Tesco bid

Hong Kong-headquartered private equity company Affinity Equity Partners has been named in a list of prospective bidders ...

Stagnant Korean economy widens retail gap

The stagnant Korean economy is seeing the middle and lower classes spending less - but the well off spending more.

Tesco faces class action in Korea

Tesco’s South Korean supermarket business Homeplus is to be subject of a class action over alleged privacy breaches.

Mothercare enters Korea

Babywear retailer Mothercare is to launch in South Korea. The UK-based company has entered into a franchise agreement wi...

Tesco South Korea faces probe

Tesco’s South Korean chain Homeplus is under investigation for allegedly selling customers’ contact informat...

Tesco divests Homeplus stores

British retailer Tesco has sold and leased back four Homeplus stores to Samsung SRA in South Korea. Tesco has raised £35...

Korean retailers shift focus online

Major players believe online market will drive growth.