Homebase is set to collapse into administration with 130 shops facing the risk of closure, according to reports. The DIY and garden chain is said to be preparing to appoint administrators in a ...
Home improvement chain Homebase is on the verge of tumbling into administration, with thousands of jobs and 130 shops at risk. The troubled chain is preparing to line up administrators Teneo to ...
Homebase has been sold to retail group CDS in a rescue deal securing up to 1,600 jobs and 70 stores but leaving the future of its remaining 2,000 workers and 49 shops unclear. The DIY retailer ...
The deal to buy 70 stores came after Homebase appointed administrators on Wednesday but left 2,000 workers and 49 stores still at risk. Homebase has struggled as customers cut back on spending ...
Homebase is expected to appoint administrators from Teneo to handle the process, which could see both stores and jobs in danger of being axed for good, according to The Times. However, there is ...
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 chief executive Damian McGloughlin called the past three years ‘incredibly challenging’ for the home and garden improvement sector, with sales at the retailer slumping. ‘A decline ...
A retail tycoon dubbed the 'Del Boy Billionaire' has swooped in to save Homebase at the eleventh hour - but 49 sites are still at risk of closing. The deal by Chris Dawson, whose company CDS ...
The High Court has appointed provisional liquidators to the company behind the Homebase chain of DIY stores in Ireland. Damien Murran and Enda Lowry, from Teneo Financial Advisory, were appointed ...
“These stores will include everything you’d expect from The Range, combined with much broader choice across garden, showroom and DIY categories - retaining the best of the Homebase expertise ...
Homebase was founded in 1979 by Sainsbury’s and GB-Inno-BM, a Belgian retailer. The aim was to create a DIY store that also offered a range of home and garden products, targeting a different ...