Homeplus faces mounting pressure from tenants and unions amid rehabilitation

Homeplus is facing intensifying pressure from tenants and labor unions as the retailer undergoes a corporate rehabilitation process. Tenant associations at various locations, including a store in Suwon, have demanded direct public dialogue with headquarters. They cited increasing losses and a deteriorating business environment, calling for the immediate payment of unpaid settlements, commission adjustments, and measures for returning deposits if contracts are terminated.

Simultaneously, the Mart Industry Labor Union and members of the National Assembly have called for MBK Partners to take responsibility for the company's normalization. Despite MBK Partners recently canceling its 2.5 trillion won stake in Homeplus to facilitate a potential sale, concerns persist regarding liquidity. The union reported delays in wage payments and shortages of goods, which have fueled anxiety among employees and customers. While Homeplus has begun seeking new owners by sending investment guides to potential candidates, no concrete expressions of interest have been reported.