South Korea’s troubled retail chain Homeplus Co. opened itself up to a takeover as its private equity owners seek to avoid the firm’s liquidation.

The launch comes as Ari Emanuel bets on revitalizing the brand’s global standing following his $200 million acquisition in April.

The surprise decision by a private equity-owned supermarket chain in South Korea to seek a court-led restructuring is ...

On June 3, 2025, a South Korean news outlet reported that actor Kim Woo-bin is now the new ambassador for the Korean hotpot brand Shabu All Day.

Despite a nationwide increase in single-person households, a new report from global real estate services firm JLL suggests ...

Meanwhile South Korea’s government, aiming to stave off a wider crisis of confidence, has signaled it may tighten oversight of private equity activity. Homeplus, for many Koreans, is a familiar ...

On the heels of the downgrade, Homeplus entered into court receivership, a form of corporate rehabilitation that skirts a bankruptcy filing but confirms financial distress, while the firm tries to ...

MBK is one of Asia's top private equity funds, and Home Plus is South Korea's No. 2 discount chain. Multiple local media outlets reported Monday that the Seoul Central District Prosecutors' Office ...

At the time, Home Plus was South Korea's No. 2 discount chain with around 140 hypermarkets and 700 smaller stores nationwide. However, rising online competition and the Corona virus pandemic dealt ...

Homeplus, South Korea’s second-largest hypermarket chain, laid out a dire financial picture in its March 4 filing for court-led rehabilitation, citing a crippling cash shortfall that could ...

The Seoul Bankruptcy Court approved South Korea's No. 2 supermarket chain Homeplus' corporate rehabilitation request just 11 hours after filing on March 4. The company called it a preemptive move ...

While shelving onions and apples for the Homeplus store chain, known as a "mart" in South Korea, the 58-year-old hopes to avoid being harassed and abused by far-right activists angry at women ...