Homeplus workers still waiting for wages despite W200b rescue loan

Homeplus has secured emergency financing to restart operations, but has yet to say when employees and former workers will receive unpaid wages and retirement benefits, leaving thousands in limbo even as plans to reopen stores move forward.

The retailer said the debtor-in-possession, or DIP, loan of 200 billion won ($137 million) will be used to reopen 67 key stores currently under temporary closure and gradually resume online operations beginning with 16 stores in the Seoul metropolitan area.

Ho ...