MBK Partners, the largest shareholder of Homeplus, said Friday that the retailer's decision to file for corporate ...

South Korean supermarket chain Homeplus has pledged to fully repay its vendors, prioritizing small businesses, while ...

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The Seoul Bankruptcy Court approved South Korea's No. 2 supermarket chain Homeplus' corporate rehabilitation request just 11 ...

Homeplus executives publicly apologized to retailers and investors for disruptions caused by the company’s recent court ...

Earlier this month, Homeplus "preemptively" entered court-led rehabilitation proceedings after two local credit rating ...

The president of Homeplus, a major discount store chain in Korea, offered a public apology Friday to retailers and investors ...

"I would like to sincerely apologize to all of our partners, store owners, investors and others who are experiencing ...

Homeplus issued a public apology Friday, for the first time since the company began its court-led rehab process.MBK Partners, the largest shareholder in Homeplus, also ...

Financial authorities plan to closely inspect retail giant Homeplus' payments to its suppliers and take further action if necessary, as the company has begun a court-led rehabilitation ...

Prada reportedly released a statement that Korean actor Kim Soo Hyun is stepping down as the global ambassador of their ...

Homeplus co-CEOs apologized to investors and retailers while asking for understanding from shareholders, with the supermarket ...