UK retailer Homebase falls into administration with 2,000 jobs at risk
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 intellectual property to The Range owner CDS in a so-called prepack deal.
Homebase has collapsed into administration leaving 2,000 jobs at risk - this is what the news means for shoppers
Retail giant Homebase has gone into administration leaving 2,000 jobs at risk and 49 stores at risk of closure. The owner of Homebase, Hilco, has been looking to sell the retailer after a challenging few years for the brand.
Homebase collapses with 2,000 jobs at risk
Homebase has collapsed into administration, putting 2,000 jobs at risk. Its owner Hilco had been looking to sell the struggling retailer, but has not managed to find an outright buyer. The owner of homeware chain The Range is buying up to 70 stores and the brand, safeguarding about 1,600 jobs.
Homebase rescued from administration saving up to 1,600 jobs
After it appointed administrators on Wednesday, Homebase has been sold to a retail group CDS. The rescue deal secures up to 1,600 jobs and 70 stores but leaves the future of its remaining 2,000 workers and 49 shops unclear.
Homebase enters administration with 2,000 jobs at risk
Homebase has collapsed into administration, putting 2,000 jobs at risk. Its owner Hilco had been looking to sell the struggling retailer, but has not managed to find an outright buyer. The owner of homeware chain The Range is buying up to 70 stores and the brand,
UK DIY Chain Homebase Sold But 2,000 Jobs At Risk
The owner of troubled British DIY chain Homebase has sold the majority of its stores to the CDS group, which manages retail chains, but 2,000 jobs remain at risk.
2,000 jobs at risk after Homebase deal
Over half of Homebase's workforce faces uncertainty after the DIY retailer's owners called in administrators following a failed sale attempt.
Basingstoke Gazette on MSN11h
Uncertainty surrounds future of Basingstoke Homebase
Employees at the Basingstoke store have not received any updates about the store’s future and are waiting for further ...
Newark Advertiser17h
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 inches closer to administration but The Range could save it
Read who is stepping up to save Homebase from entering administration and risking 130 stores and jobs, and how did the ...
Daily Mail2d
Full list of Homebase stores as 49 sites remain at risk of closing - despite 'Del Boy billionaire' saving the company at the eleventh hour
In August, Sainsbury's agreed to acquire all 10 Homebase stores and convert them into supermarkets in a deal which is anticipated to create around 1,000 new jobs. The locations set for ...
Yahoo2d
‘Del Boy billionaire’ rescues Homebase from collapse
Talks have been taking place to sell a further 10 Homebase stores to various rivals – thought to include Wickes and Topps ...
Sainsbury’s expects ‘strong’ Christmas as retailer completes acquisition of Homebase sites in Derry and Omagh
The retailer said it was boosted by strong sales of its Taste the Difference premium range and its Nectar membership pricing.
Wales Online3d
Homebase's 130 branches at risk as it appoints administrator
The chain is expected to appoint administrators from Teneo after Sainsbury's bought ten Homebase stores with plans to convert them into supermarkets. Sainsbury's plans to open the first of these ...
Edinburgh Homebase store at risk of closure as firm confirms administration
Eight Homebase stores across Scotland are at risk of closure after the DIY retailer plunged into administration on Wednesday.