Homeplus Reopens: 43.7 Billion Won in Five Days, Up 191% from Pre-Suspension Sales

Sales Scale Expands by Nearly 2.9 Times

Homeplus announced on August 18 that its total sales reached 43.7 billion won over the five days following the resumption of operations.

This figure reflects sales recorded from August 13, the first day of reopening, through August 17, marking a 191% increase compared to the 15 billion won in sales during the same weekday period, Thursday through the following Monday, from July 2 to July 6 prior to the temporary business suspension. In terms of scale, sales expanded by about 2.9 times.

Average daily sales also rose significantly. From July 2 to July 6, prior to the temporary closure, average daily sales were approximately 3 billion won. Following the reopening, from August 13 to August 17, average daily sales surged to around 8.7 billion won.

The number of customers likewise saw a substantial jump. The average daily customer count from July 2 to July 6 had been about 138,200 before the suspension, but between August 13 and August 17, after reopening, it increased sharply to roughly 239,600—a rise of nearly 74%.

A Homeplus representative stated, "We are deeply grateful to our customers who returned to Homeplus after the reopening, as well as to our partner companies that have stood by us during these challenging times. This achievement has been made possible especially thanks to the dedication of our employees, who welcomed customers in their respective roles and gave their all to ensure normal operations during both the reopening and the holiday period."

Homeplus store interior in Seoul. Photo by Yonhap News

Meanwhile, the deadline for approval of Homeplus’s rehabilitation plan is September 4, and the company must demonstrate its viability by recovering its sales by then.

A Homeplus representative stressed, "We are well aware of the hopes and interest shown by everyone supporting the normalization of the company, and we will further strengthen our business competitiveness so that the positive momentum seen since the reopening does not end as a temporary achievement."

This content was produced with the assistance of AI translation services.