This article is incomplete.(November 2017)
|Headquarters||Seoul, South Korea|
Number of locations
Homeplus Express: 250
|Products||Groceries, consumer goods,|
Homeplus (Hangul: 홈플러스) is a Korean discount store retail chain with 113 branches throughout South Korea. Homeplus is the second largest retailer in South Korea, behind Shinsegae Group's e-mart chain. Homeplus operates both hypermarkets and its Super Express store chain, and also provides a home delivery shopping service. Homeplus hypermarket stores typically provide home products, clothing and electronics. It was owned by British supermarket conglomerate Tesco until 2015.
In 2011, the retailer opened the world’s first virtual supermarket at Seolleung Station on Seoul Subway Line 2, where smartphone users can photograph the bar code of the life-size pictures, on the walls and platform screen doors, of 500 items of food, toiletries, electronics etc., for delivery within the same day.
In August 2014 the company cut their profit by $0.4 billion. On September 23, 2014 Homeplus was investigated for alleged data breach. From September 5–10 of the same year, one of the company's outlets was on a strike during Chuseok holiday protesting not substantial wage increase.
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. It is headquartered in Gangnam-gu, Seoul, Korea in 2015, and operates a total of 107 hypermarkets and 828 expresses nationwide.
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