Once Korea’s second-largest discount store operator, Homeplus decided to temporarily close stores beginning Monday after running out of cash, leaving it unable to pay suppliers or even cover basic operating expenses.https://t.co/Nq13AxKYBr
The ruling Democratic Party (DP) on Thursday urged MBK Partners and Meritz Financial Group to funnel emergency funds to keep Homeplus afloat due to the growing risk of liquidation.https://t.co/gQaadtF4zR
— The Korea JoongAng Daily (@JoongAngDaily) July 9, 2026