Homeplus' court filing projects bankruptcy in worst-case scenario
Retailer warns of W739.5b cash shortfall by May amid worsening liquidity crunch Homeplus, South Korea’s second-largest ...
Dmart takes on lease 35,000 sq. ft. retail space in Migsun’s mall at Ghaziabad
The hypermarket chain has signed a 29-year 11 Months lease agreement with Migsun Group at a monthly rental value of Rs 21 ...
Gulf News2d
UAE retail giant Lulu opens new hypermarket in Mecca
Lulu Retail Holdings, which runs one of the Middle East's biggest hypermarket chains, raised Dh6.32 billion in its initial public offering (IPO) last year. Sign up for the Daily Briefing ...
MBK in tight spot over Homeplus rehabilitation
MBK Partners, one of Asia’s largest private equity firms, is under intense scrutiny for its decision to place Homeplus, Korea’s second-largest hypermarket chain, under corporate rehabilitation with ...
KED Global10d
Red flags raised even before Homeplus crisis: Sales fall, credit ratings cut
Even before South Korea’s second-largest hypermarket chain Homeplus Co. was put under court receivership due to its worsening ...