Private company
Homeplus
Logo: by the Homeplus Co., Ltd, CC0, via Wikimedia Commons3
South Korean discount store chain
Homeplus (Korean: 홈플러스) is a Korean discount store retail chain running about 140 branches with 25,000 employees throughout South Korea. Homeplus is the second largest retailer in South Korea, behind Shinsegae Group's e-mart chain. Homeplus operates its hypermarkets, super market chain 'Homeplus Express', convenience store '365 Plus' and online shopping service.2 Wikipedia text CC BY-SA 4.0
Last updated Oct 21, 2026.
Overview
- Industryretail1
- HeadquartersGangseo District1
- Websitewww.homeplus.co.kr
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Homeplus (Korean: 홈플러스) is a Korean discount store retail chain running about 140 branches with 25,000 employees throughout South Korea. Homeplus is the second largest retailer in South Korea, behind Shinsegae Group's e-mart chain.2
Products and brands
- grocery store
Listed on Wikidata.1
Acquisitions
In September 2015 the company was sold to MBK Partners, a South Korean buyout firm, which partnered with the Canada Pension Plan Investment Board and Singapore's Temasek Holdings in a transaction worth £4.2 billion.
To reduce the debt incurred during the acquisition, MBK sold and leased back its assets, burdening Homeplus with rising lease payments in addition to interest costs.
In March 2025, Homeplus filed for corporate rehabilitation with the Seoul Bankruptcy Court after a series of credit rating downgrades. South Korean prosecutors subsequently sought arrest warrants for MBK Chairman Michael ByungJu Kim and three other executives on charges of fraud and violation of the Capital Markets Act in connection with the sale of short-term bonds prior to the filing.
On early July 2025, the Court terminated Homeplus's rehabilitation proposal after it failed to secure at least 200 billion won in rescue financing necessary for the proposal. Starting on July 13, 2026, All stores nationwide temporarily suspended operations.
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On July 16, 2026, Meritz Financial Group stepped in to provide 200 billion won in emergency operating funds.
On August 13, 2026, 67 stores reopened.
From Wikipedia’s article on Homeplus, shared under CC BY-SA 4.0.4
Timeline
- 1999Founded Founded1
Links
- Websitewww.corporate.homeplus.co.kr1
- Websitewww.homeplus.co.kr1
- WikipediaHomeplus
- More imagesWikimedia Commons
- WikidataQ5889167
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataHomeplus on Wikidata
- 2WikipediaHomeplus on Wikipedia
- 3Wikimedia CommonsHomeplus logo by by the Homeplus Co., Ltd, CC0
- 4
- 5Wikimedia CommonsHomeplus photo by LERK, CC BY-SA 4.0