Korea Joongang Daily
Korea JoongAng Daily

Homeplus hits the road with entry onto Baedal Minjok delivery platform

Hypermarket Homeplus is taking delivery orders through Baedal Minjok, with a unique feature allowing shoppers to select a time and date for delivery.

2024-12-03

Homeplus running wine discount event through Nov. 20

Homeplus is hosting a wine and whiskey discount event until Nov. 20, featuring various international wines and premium whiskeys with discounts for larger purchases.

2024-11-12

Homeplus Gimhae reopens with sprawling food market

The Homeplus Gimhae Branch in South Gyeongnam relaunched as the 32nd Homeplus Mega Food Market on Oct. 17.

2024-10-28

Explainer: Korea's superstores are slowly becoming grocery stores

Korean hypermarkets are shifting their focus to groceries, struggling against e-commerce competition, particularly from Coupang and AliExpress, as they increasingly emphasize food sales to survive in a changing retail landscape.

2024-10-14

Coupang, AliExpress decline to buy Homeplus Express

Homeplus Express, valued at up to $724 million, struggles to find buyers amid retail industry turndown and labor opposition.

2024-07-15

AliExpress denies talks over acquisition of Homeplus Express

AliExpress is not in discussions regarding a merger and acquisition (M&A) deal with the domestic retail chain Homeplus, the Chinese e-commerce platform said on Tuesday.

2024-06-19

Homeplus Express up for sale by MBK Partners

MBK Partners is selling Homeplus Express after a strong year of earnings through its online delivery service.

2024-06-03

Homeplus witnesses 114% surge in small product sales

The number of single-person households in Korea is soon set to surpass 10 million. According to the Ministry of Public Administration and Security, as of the end of last month, the number of single-person households nationwide exceeded...

2024-03-29

Homeplus addresses liquidity concerns with six-month rollover

Homeplus addressed concerns about its liquidity problems, confirming that it has reached a rollover agreement with Meritz Securities.

2024-02-27

Korea Sale Festa returns, bigger and longer than ever

The Korea Sale Festa, Korea's largest annual sale event, will take place from Saturday through Nov. 30. Over 2,400 participating companies will offer discounts on products like automobiles, electronics, food and household goods.

2023-11-07