South Korea · Hypermarkets
Homeplus
Sales fell to about 30% of target in early October, and suppliers now ask for cash up front, its chief executive told parliament. No serious bidder has come forward so far, Korea Times reports.
No longer on the daily board, so no score update is due. This page shows the edition of 2026-11-04. It updates the morning Homeplus returns to the board.
A court process has begun.
Homeplus is reported to be in court-led rehabilitation (Korea Times, 20 October); an earlier report (DealStreetAsia, 3 July) said the court ended the proceedings. Its status is unconfirmed. Its 67 stores, head office and online arm were reported for sale, with letters of intent due by the end of October.
What the sources say.
- No serious bidder so far, with letters of intent due by the end of October, Korea Times reports · koreatimes.co.kr
- In court-led rehabilitation; letters of intent for 67 stores, the head office and the online arm due by end-October · ajunews.com
- Sales fell to about 30% of target in early October · fnnews.com
- Can only trade on advance payment and cash, its chief executive told a parliamentary audit · biz.sbs.co.kr
- An earlier report said the court ended the proceedings; the reports do not match · dealstreetasia.com
Every line links to its source. The Score and the verdict are Max Noble’s analysis.
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