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Homeplus

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Homeplus Co., Ltd
Company typePrivate
IndustryRetailing
Founded1997[1]
Headquarters,
Number of locations
Hypermarkets:142
Homeplus Express:365
365 Plus:331
(as of the end of 2017)[2]
ProductsGroceries,
consumer goods
OwnerMBK Partners
Websitewww.homeplus.co.kr
Korean name
Hangul
홈플러스
Revised RomanizationHom-peul-leo-seu
McCune–ReischauerHom-pul-le-su
The 1st Homeplus Special stores in Daegu, Korea

Homeplus (Korean홈플러스) is a Korean discount store retail chain running about 840 branches with 25,000 emloyees throughout South Korea.[3] Homeplus is the second largest retailer in South Korea,[4] behind Shinsegae Group's e-mart chain.

Homeplus operates its hypermarkets, super market chain 'Homeplus Express', convenience store '365 Plus' and online shopping service. Homeplus stores offer everything from groceries to clothes and appliances.[5]

Starting in 1997 with distribution business department of Samsung C&T Corporation, Homeplus opened its first hypermarket in Daegu and its second branch in West Busan.[6] In 1999, a joint venture between Samsung C&T and worldwide British retail chain Tesco, ‘SamsungTesco’ was launched, and it has grown into the second largest retailer in Korea by taking over 33 Homever(ex-Carrefour) stores since 2008. Since then Tesco had run the Homeplus until 2015 and the private equity fund, MBK Partners, acquired the company in October 2015 and is running the business.[7]


See also

References

  1. ^ [1].
  2. ^ [2].
  3. ^ "홈플러스 (Hom-peul-leo-seu)". Homeplus. Retrieved February 18, 2008.
  4. ^ Gómez-Suárez, M.; Martínez-Ruiz, M.P. (2016). Handbook of Research on Strategic Retailing of Private Label Products in a Recovering Economy. Advances in Marketing, Customer Relationship Management, and E-Services. IGI Global. p. 115. ISBN 978-1-5225-0221-0. Retrieved November 14, 2017.
  5. ^ "홈플러스 온라인 쇼핑몰". August 28, 2018. {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)
  6. ^ "[할인점의 진화 上] '3세대 할인점' 체험형으로 '검지족' 공략". Newsprime. August 29, 2018.
  7. ^ "홈플러스 주식회사 공식홈페이지 <회사소개>". August 29, 2018. {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)