Bargain store billionaire saves 70 Homebase stores from closure – but 50 still at risk
A BILLIONAIRE bargain store owner has swooped in to save dozens of Homebase stores after it collapsed into administration this afternoon. Chris Dawson, owner of The Range, has rescued 70 stores
Homebase enters administration with 2,000 jobs at risk
Hilco, the owner of Homebase, had been looking to sell the struggling retailer but has not managed to find an outright buyer. The company behind The Range retail chain is buying up to 70 stores as ...
Homebase collapse: 2,000 jobs at risk as The Range buys 75 stores
Homebase has entered administration, endangering 2,000 jobs, as The Range acquires 75 stores Homebase has fallen into administration placing 2,000 jobs at risk. The British home improvement company’s owner,
Homebase saved from administration but 2,000 workers and 49 shops remain at risk
Homebase has been sold in a rescue deal to retailer CDS, securing up to 1,600 jobs and 70 stores across the UK, its administrator Teneo has said. Despite the deal, around 2,000 jobs and 49 branches of the DIY retailer remain at risk.
Homebase to collapse into administration with 130 shops at risk of closing
Homebase is set to collapse into administration with 130 shops facing closure, putting countless jobs on the line. The DIY and garden chain closed 106 branches in 2018 and lost more than £40 million in 2022,
Homebase 'collapses into administration' as 130 shops face closure
Homebase could be the next high street casualty amid reports that the DIY and garden store is preparing to appoint administrators. Around 130 shops are facing the risk of closure according to reports.
Homebase's 130 branches at risk as it appoints administrator
DIY chain Homebase is reported to be on the verge of going into administration, with the future of 130 stores at risk. The Times says all 130 branches and their employees are at risk. The chain is expected to appoint administrators from Teneo after Sainsbury's bought ten Homebase stores with plans to convert them into supermarkets.
Homebase in administration: What went wrong and what next?
Homebase plunged into administration today, appointing Teneo, which immediately sold the DIY retailer’s brand, IP and up to ...
Newark Advertiser13h
Homebase store on Northgate in Newark closure date confirmed with huge clearance sale as Sainsbury’s site takeover planned
The hardware store, located on Northgate, is set to shut its doors for the final time at 4pm on Sunday, December 8. Until ...
Homebase could shut more than 100 stores as retail boss prepares to sell the company
The home DIY retailer could lose its portfolio of 130 stores as its owner prepares to sell the company in a crushing blow to ...
Financial News2d
Homebase Goes into Administration Causes and Future
Homebase, a prominent DIY and home improvement retailer, has entered administration, marking a significant transition in its business trajectory. The downfall began with Wesfarmers’ ill-fated ...
ITV2d
Homebase bought out of administration but 2,000 jobs remain at risk
Homebase has been sold to retailer CDS in a rescue deal saving up to 1,600 jobs across 70 chains - but around 2,000 jobs and 49 stores remain at risk. The DIY retailer was reportedly lining up ...
Reuters2d
UK retailer Homebase falls into administration with 2,000 jobs at risk
LONDON, Nov 13 (Reuters) - Up to 2,000 jobs are at risk after British home improvement retailer Homebase called in administrators who immediately sold up to 70 stores, the brand and its ...
The Sun17d
Homebase to shut another shop loved for friendly staff – list of 11 sites shutting & supermarket that will replace them
In May 2018, Hilco bought the hardware store chain for just £1. Prior to the Hilco takeover, Homebase had 250 stores at its peak and 11,500 staff. However, the brand soon returned to profit ...
Yahoo News UK2d
Homebase stores to become The Range after Chris Dawson rescue deal
Mr Dawson’s company CDS Superstores, owner of The Range and Wilko, acquired the Homebase brand name, intellectual property, and up to 70 of its UK stores. The stores will continue to trade under ...