Conclusion of Payment-related Negotiations, Deliveries Resume from the 12th
Samyang, Ottogi, and Lotte Wellfood Resume Deliveries
Homeplus Plans to Alleviate Concerns by Completing Payment of Transaction Claims, ‘[Edaily Reporter Kim Jung-yu] Dongsuh Foods will resume deliveries to Homeplus. The disruption of deliveries to Homeplus amidst corporate rehabilitation proceedings is gradually being resolved.’,
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, ‘According to Dongsuh Foods on the 10th, the company has concluded negotiations with Homeplus and plans to resume transactions starting with the orders placed on the 11th. Dongsuh Foods suspended deliveries on the 6th, two days after Homeplus entered corporate rehabilitation on the 4th.’,
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, ‘A company representative stated, “We have resolved the uncertainty related to payment concerns through negotiations with Homeplus and plan to resume deliveries from the 12th, starting with the orders placed on the 11th.”’,
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, ‘Before Dongsuh Foods, Lotte Wellfood also ceased deliveries to Homeplus on the 6th but resumed on the 8th following negotiations. Ottogi restarted deliveries on the 7th as well. A company representative explained, “We concluded discussions regarding payment issues with Homeplus and made the decision to minimize consumer confusion.”’,
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, ‘Samyang Foods also resumed supply to Homeplus from today, immediately after concluding payment-related discussions with Homeplus.’,
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, ‘Following the initiation of corporate rehabilitation proceedings for Homeplus, food companies who had stopped deliveries in relay have started to resume supply one by one.’,
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, ‘Previously, major food companies CJ CheilJedang and Nongshim continued their deliveries since the issue first emerged.’,
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, ‘With major food companies resuming or maintaining deliveries to Homeplus, the retailer, previously facing challenges due to partner withdrawals, can breathe a sigh of relief.’,
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, ‘Homeplus also released a press statement today stating, “As the rehabilitation procedure has commenced, regular transaction claims that were temporarily suspended from payment since the 6th are being sequentially processed starting with ‘public claims’ that can be paid internally,” adding that, “With the ‘application for redemption of rehabilitation claims’ approved by the court on the 7th, we plan to complete the payment of all transaction claims, minimizing partner anxiety and inconvenience.”’,
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, ‘Claims arising within 20 days before the 4th, when proceedings began, are classified as public claims. Homeplus intends to prioritize payments to small businesses, small vendors, and labor-related rehabilitation claims, and will also ensure that debts to major companies are repaid in installments. Furthermore, if partners seek emergency loans due to payment delays, they plan to cover the interest.’,
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