Retail sales index marks record drop in Q2 amid Homeplus fiasco

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Source: South Korea
Published: 2026-08-09 15:05 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Asia, South Korea, Business & Economy, Asia Pacific
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Snippet:
SEOUL, Aug. 9 (Yonhap) -- The retail sales index at South Korea's discount stores posted the sharpest on-year fall in the second quarter, partly due to the closure or operation suspension of stores at Homeplus Co., which is going through a corporate rehabilitation process, government data showed Sunday.
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