Homebase
This coverage examines Homebase’s performance and strategy within the UK retail sector, focusing on store operations, product ranges, supply chain innovations, and online-offline integration. Reporting explores leadership decisions, financial outcomes, and competitive positioning, offering insights for retail executives, category managers, and professionals in home improvement and DIY retail.
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Nov- 2024 -14 NovemberDIY
CDS Superstores acquires 70 Homebase stores out of administration
The Range and Wilko owner CDS Superstores has acquired 70 Homebase UK stores after the DIY retailer collapsed into administration. Gavin Park, Gavin Maher and Adele Macleod of Teneo Financial Advisory Limited were appointed as joint administrators of HHGL Limited and Hampden Group Limited, which trade under the Homebase name.…
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13 NovemberDIY
Homebase readies to bring in administrators
Homebase are reportedly lining up administrators from Teneo to handle a pre-pack deal with The Range that will save over 1,500 jobs, Sky News has learned. While The Range is said to be readying a deal to snap up a majority of the DIY retailer’s stores, the future of the…
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Oct- 2024 -28 OctoberAdvice
Behind the curtain of retail logistics at DHL Supply Chain
Most consumers think of the shopping experience as the final click online or the moment they walk out of a store with bags in hand. But what happens behind the scenes to ensure that products are on the shelf, or that parcels arrive at our doorsteps on time, is a…
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Aug- 2024 -30 AugustSupermarkets
Sainsbury’s acquires 10 Homebase stores
Sainsbury’s has announced that it has acquired 10 stores from HHGL Limited, trading as Homebase, for conversion into Sainsbury’s supermarkets. The acquired stores are in key target locations that will grow Sainsbury’s supermarket coverage across England, Northern Ireland and Scotland. Once they are converted, the shop floor area of the…
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Jul- 2024 -22 JulyNews
Today’s news in brief
Saudi Arabia’s Public Investment Fund (PIF) is looking to significantly increase its stake in Selfridges. Currently holding 10%, PIF has offered $1.3m (£1m) to acquire an additional 40% from Signa’s flagship property unit, following Signa’s insolvency earlier this year. This move positions PIF against other potential suitors like Thailand’s Central…
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22 JulyDIY
Homebase owner considers sale amid interest from The Range
Homebase owner Hilco Capital is reportedly considering a sale after it was approached from The Range for the DIY retailer, according to reports from Sky News. A formal sales process is set to commence in the coming days with other potential bidders involved. Sources suggested that the interest from The…
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May- 2024 -29 MayNews
ScS chief executive to step down
The chief executive of specialist furniture retailer ScS Steve Carson is stepping down from his role, City AM has reported. Carson, who is leaving the retailer this summer, oversaw the £99m takeover deal of ScS by Italian retailer Poltronesofá in October 2023. Poltronesofá currently operates 167 stores in Italy, 106…
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Mar- 2024 -21 MarchNews
Today’s news in brief-21/3/24
Reports suggest that Kingfisher, the owner of B&Q, is contemplating a bid for Homebase’s stores in the Republic of Ireland, signalling a potential rebranding of the Homebase outlets under the B&Q fascia. Homebase, currently owned by Hilco Capital, operates eight stores in Ireland and has been exploring a sale of…
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21 MarchDIY
Kingfisher mulls bid for Homebase stores in Ireland
Kingfisher, the owner of B&Q, is reportedly mulling a bid for Homebase’s stores in the Republic of Ireland, following reports the wider Homebase business is up for sale. According to The Times, the move would see the end of Homebase stores in the country, as Kingfisher would most likely rebrand…
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12 MarchNews
Sainsbury’s opens new store at Meols Cop Retail Park
Sainsbury’s has now opened a new 80,000 sq ft supermarket at Meols Cop Retail Park, Southport. The redevelopment of the site took ten years, and the overall cost of the scheme was over £30m. The scheme compromised the extensive redevelopment of an existing retail park with a new purpose-built store…
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