Homeplus's Hail Mary

A Homeplus branch in Seoul on June 30. The discount mart chain submitted revised rehabilitation plans to the Seoul Bankruptcy Court.

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A Homeplus branch in Seoul on June 30. The discount mart chain submitted revised rehabilitation plans to the Seoul Bankruptcy Court, which include self-rescue measures such as store closures, work force reductions and the sale of business divisions. Operational disruptions continue as Homeplus is reportedly set to temporarily suspend its online ordering service at some stores, including its Wolgok and Banghak branches in northern Seoul, next month.

A Homeplus branch in Seoul on June 30. The discount mart chain submitted revised rehabilitation plans to the Seoul Bankruptcy Court, which include self-rescue measures such as store closures, work force reductions and the sale of business divisions. Operational disruptions continue as Homeplus is reportedly set to temporarily suspend its online ordering service at some stores, including its Wolgok and Banghak branches in northern Seoul, next month.