Homeplus makes a comeback

The hypermarket chain reported that total sales during its promotional event from Aug. 13 to 17 came to 43.7 billion won ($30.9 million).

Shoppers browse for groceries at a Homeplus store in Gyeonggi on Aug. 18. Shoppers browse for groceries at a Homeplus store in Gyeonggi on Aug. 18. The hypermarket chain reported that total sales during its promotional event from Aug. 13 to 17 came to 43.7 billion won ($30.9 million). That figure was up 191 percent from sales over the corresponding five-day period immediately before the retailer temporarily suspended operations due to a shortage of funds.

Shoppers browse for groceries at a Homeplus store in Gyeonggi on Aug. 18. The hypermarket chain reported that total sales during its promotional event from Aug. 13 to 17 came to 43.7 billion won ($30.9 million). That figure was up 191 percent from sales over the corresponding five-day period immediately before the retailer temporarily suspended operations due to a shortage of funds. [NEWS1]