Homeplus, once the second-largest hypermarket chain in South Korea with annual sales reaching 8 trillion won, is now effectively on the brink of liquidation. There are growing concerns over mass unemployment, as well as the potential for a chain reaction of bankruptcies among tenants and partner companies. What exactly has happened at Homeplus over the past 10 years since its acquisition by the private equity firm MBK?

※ The full video is available in episode 568 of SBS News Story, titled "The Collapse of Homeplus... And Four Mothers."
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https://www.youtube.com/watch?v=VhlZuh-3ivk&list=PLUHG6IBxDr3gOHLnt6wP0Uvzhav_80vD0&index=2

(Written by Jeong Hyeongtaek | Edited by Jeong Yong-hee, Moon Ha-young | Designed by Jeong Yu-min)