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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Jan- 2025 -17 JanuaryNews-In-Brief
Today’s news in brief-17/1/25
Retail sales in the UK fell by 0.3% in December, disappointing analysts who anticipated a 0.4% rise during the Christmas season. The decline, attributed to the poorest supermarket sales since 2013, was partly offset by a 4.4% rise in clothing sales. The Office for National Statistics (ONS) reported that food…
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17 JanuaryDIY
CDS to open three more Range sites in former Homebase locations
CDS Superstores will be opening three new The Range sites in former Homebase stores in Stroud, Leicester and Blandford Forum on 31 January. The openings are the latest step in the group’s transformation of up to 70 ex-Homebase sites since CDS acquired them in November 2024. According to CDS Superstores,…
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7 JanuaryNews-In-Brief
Today’s news in brief-7/1/25
Quiz has announced plans to delist from the London Stock Exchange, citing regulatory costs and financial pressures. The move requires a 75% shareholder majority, with founder Tarak Ramzan and key investors supporting the decision. Quiz reported a £4.7m pre-tax loss in the six months to 30 September, driven by inflationary…
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7 JanuaryNews
B&Q acquires five Homebase UK stores for £2.5m
B&Q has announced that it has reached an agreement to acquire five leasehold stores in the UK, currently trading as Homebase, for a total purchase price of £2.5 m. This follows the agreement to buy three stores currently trading as Homebase in the Republic of Ireland announced on 24 December…
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Dec- 2024 -24 DecemberDIY
The Range to open at three former Homebase stores in January
The Range will be opening the first three of its new-format stores on 17 January 2025, having acquired the Homebase brand and up to 70 of the retailer’s stores in November 2024. Known as The Range Superstore, the three branches will open in Pollokshaws in Glasgow, Christchurch in Bournemouth, and…
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Nov- 2024 -29 NovemberDIY
Kingfisher and M&S eye remaining Homebase sites
Kingfisher and Marks and Spencer are reportedly eyeing more than 20 of Homebase’s stores after the DIY company fell into administration earlier this month.According to Sky News, the two companies are among several retailers circling the remaining Homebase estate ahead of a deadline for offers today (29 November). The two…
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14 NovemberNews-In-Brief
Today’s news in brief-14/11/24
The Range and Wilko owner, CDS Superstores, has acquired 70 Homebase stores after the DIY retailer entered administration. This move, intended to save about 1,600 jobs, will allow Homebase stores to continue operating under CDS while administrators from Teneo Financial Advisory manage the transition. Homebase’s decline, attributed to low consumer…
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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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