Homeplus temporarily closes outlets starting Monday
Facebook X More Pinterest Linked in Tumblr Reddit Facebook Messenger Copy URL URL is copied. LIKE SAVE PRINT FONT SIZE ABCDEFG ABCDEFG ABCDEFG ABCDEFG ABCDEFG SEOUL, July 13 (Yonhap) -- Financially troubled discount store chain Homeplus Co. said Monday it has decided to temporarily close its outlets starting Monday due to a lack of operating capital and difficulties in maintaining store operations. The decision came after the Seoul Bankruptcy Court terminated Homeplus' rehabilitation proceedings on July 3, saying the company had failed to secure at least 200 billion won (US$130 million) needed to carry out its self-rescue plan.
- ▪Facebook X More Pinterest Linked in Tumblr Reddit Facebook Messenger Copy URL URL is copied.
- ▪LIKE SAVE PRINT FONT SIZE ABCDEFG ABCDEFG ABCDEFG ABCDEFG ABCDEFG SEOUL, July 13 (Yonhap) -- Financially troubled discount store chain Homeplus Co. said Monday it has decided to temporarily close its outlets starting Monday due to a lack of
- ▪The decision came after the Seoul Bankruptcy Court terminated Homeplus' rehabilitation proceedings on July 3, saying the company had failed to secure at least 200 billion won (US$130 million) needed to carry out its self-rescue plan.
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Facebook X More Pinterest Linked in Tumblr Reddit Facebook Messenger Copy URL URL is copied. OK Homeplus temporarily closes outlets starting Monday Choi Kyong-ae All News 10:56 July 13, 2026 This will let Google show Yonhap news articles that match or are related to your search Add Yonhap as a preferred source on Google SHARE Facebook X Pinterest Linked in Tumblr Reddit Facebook Messenger Copy URL URL is copied. LIKE SAVE PRINT FONT SIZE ABCDEFG ABCDEFG ABCDEFG ABCDEFG ABCDEFG SEOUL, July 13 (Yonhap) -- Financially troubled discount store chain Homeplus Co. said Monday it has decided to temporarily close its outlets starting Monday due to a lack of operating capital and difficulties in maintaining store operations.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Yonhap News Agency.