Homeplus

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title: "Homeplus" type: doc version: 1 created: 2026-02-28 author: "Wikipedia contributors" status: active scope: public tags: ["tesco", "former-samsung-subsidiaries", "hypermarkets", "discount-stores-of-south-korea", "retail-companies-of-south-korea", "retail-companies-established-in-1997", "companies-based-in-seoul", "temasek-holdings", "cpp-investment-board-companies", "south-korean-companies-established-in-1997", "2015-mergers-and-acquisitions"] description: "South Korean discount store chain" topic_path: "economics" source: "https://en.wikipedia.org/wiki/Homeplus" license: "CC BY-SA 4.0" wikipedia_page_id: 0 wikipedia_revision_id: 0

::summary South Korean discount store chain ::

::data[format=table title="Infobox company"]

Field	Value
name	Homeplus Co., Ltd
logo	File:Homeplus BI.png
logo_size	150px
type	Private
foundation	1997
defunct
location_city	Seoul
location_country	South Korea
locations	Hypermarkets:142
Homeplus Express:333 (as of Nov 2021)
365 Plus:331
(as of the end of 2017)
industry	Retailing
products	Groceries,
consumer goods
aum
owner	{{ubl
homepage
::

| name = Homeplus Co., Ltd | logo = File:Homeplus BI.png | logo_size = 150px | caption = | type = Private | traded_as = | fate = | predecessor = | successor = | foundation = 1997 | defunct = | location_city = Seoul | location_country = South Korea | locations = Hypermarkets:142 Homeplus Express:333 (as of Nov 2021) 365 Plus:331 (as of the end of 2017) | area_served = | key_people = | industry = Retailing | products = Groceries, consumer goods | services = | revenue = | operating_income = | net_income = | aum = | assets = | equity = | owner = {{ubl|

• MBK Partners
• CPP Investment Board
• Temasek Holdings | num_employees = | divisions = | subsid = | homepage =
  | footnotes = | intl =

::figure[src="https://upload.wikimedia.org/wikipedia/commons/8/8c/홈플러스_스페셜_대구점.jpg" caption="The 1st Homeplus Special stores in [[Daegu]], Korea" alt=""] ::

Homeplus () is a Korean discount store retail chain running about 140 branches with 25,000 employees throughout South Korea. Homeplus is the second largest retailer in South Korea, 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.

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. 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. On March 1, 2011, due to the expiration of the mutual use contract with the Samsung Group, the corporate name was changed from Samsung Tesco Co., Ltd. to Homeplus Co., Ltd. And on November 22, 2011, the first store of Homeplus 365, a convenience store brand, was opened. 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 Gangseo-gu, Seoul, South Korea in 2024, it operates a total of 127 hypermarkets and 413 Expresses nationwide.

Because of rapid inflation in Korea, Homeplus is doing some events to lower lower prices.

Homever

Homever () was a brand name of a hypermarket of E.Land Retail Limited, which is part of the E.Land Group. E.Land Group, the largest operators specializing in fashion and retail business, production and retail corporations in Korea acquired Korean operations of Carrefour in September 2006 to expand the Group's retail presence in Korea. After the acquisition, Carrefour Korea was renamed to Homever. Homever operated 36 hypermarkets with a combined sales area of approximately 112,366 pyung which translates to 371,458 sqm.

Homever was acquired by Tesco in 2008 and all Homever hypermarkets were re-branded as Homeplus.

References

References

1. "홈플러스 공식 홈페이지".
2. "홈플러스 공식 홈페이지". Homeplus.
3. (2016). "Handbook of Research on Strategic Retailing of Private Label Products in a Recovering Economy". IGI Global.
4. (August 28, 2018). "홈플러스 온라인 쇼핑몰".
5. (August 29, 2018). "[할인점의 진화 上] '3세대 할인점' 체험형으로 '검지족' 공략". Newsprime.
6. (2011-02-27). "홈플러스 3월부터 '삼성'과 결별".
7. "홈플러스, 편의점 사업 진출..중소상인 반발(종합)".
8. (September 7, 2015). "Tesco sells South Korea stores for £4bn". [[BBC News]].
9. (12 April 2016). "Tesco starts sell-off ahead of results with Asian disposal". BBC News.
10. (2025-01-01). "홈플러스, 2025 AI 물가안정 프로젝트 선보인다".
11. (2008-05-15). "Tesco buys South Korean Homever chain for £950m | The Telegraph". telegraph.co.uk.

::callout[type=info title="Wikipedia Source"] This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page. ::