Nonghyup Hanaro Mart in Crisis: Following in the Footsteps of Homeplus?

Nonghyup Hanaro Mart, with half of its stores nationwide now in the red, has revealed some underlying issues. Four profitable retail companies were merged for the sake of efficiency, but five years later, they have become a 40 billion won deficit burden. Despite sourcing goods at lower prices, the losses continue... The "Homeplus crisis" is no longer someone else's story.

Reported and written by Yeo Hyeon-gyo | Assisted by Lee Mi-seon | Edited by Kim In-seon | Designed by Jung Yu-min
※ Please note: This article was translated by AI and may contain errors.