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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Sep- 2023 -4 SeptemberHigh Street
EY under fire over Wilko accounts oversight
EY, the auditor of Wilko, has reportedly come under fire for signing off the retailer’s accounts despite the firm warning that it did not have enough funds to cope with a sharp drop in sales. According to reports from This is Money, Wilko has been at risk of insolvency since…
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Aug- 2023 -3 AugustHigh Street
Wilko set to appoint administrators
Budget household and garden retailer Wilko has announced that it has filed a notice of intention to appoint administrators. The news comes as, earlier this year, the retailer was considering selling the company in a bid to secure its future. The retailer, which operates roughly 400 stores across the country…
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Jul- 2023 -25 JulyNews
Dobbies appoints new CEO
Dobbies Garden Centres has announced the appointment of David Robinson as its new chief executive officer. Robinson joins the business from Pets at Home where he was chief operating officer, playing a key role in the business’ success story over the last four years. He has previously worked at Home…
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Jun- 2023 -13 JuneOnline & Digital
THG’s Ingenuity partners with PwC to boost digital commerce
THG’s complete commerce division, Ingenuity, has formed a strategic alliance with PwC to help its brands design, build and run immersive customer experiences online. It said the move will help brands across sectors and categories access leading technology throughout the direct-to-consumer (DTC) spectrum. PwC will lead on the business strategy,…
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12 JuneHigh Street
Wilko calls in advisors ahead of rent cut talks
Wilko has reportedly appointed property advisers ahead of crunch talks with landlords as the group looks to cut rents across its estate. According to Sky News, the group has drafted in property agent CBRE ahead of formal negotiations with shop owners, which are expected to start in the coming weeks.…
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May- 2023 -22 MayHigh Street
Wilko eyes CVA to slash costs
Wilko is considering entering into a company voluntary arrangement (CVA) to renegotiate rents and possibly close some of its stores in a bid to cut costs across the group, according to Bloomberg. Bloomberg reports that the struggling discount chain has reached out to PwC to explore its restructuring options, which…
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Feb- 2023 -27 FebruaryNews
M&S appoints new non-executive director
Marks and Spencer has appointed a new non-executive director, Cheryl Potter, who will join the board as well as the nomination committee from 1 March 2023. Potter has previously worked as the head of the global consumer team at private equity firm Permira, building a highly successful track record as…
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Jan- 2023 -5 JanuaryHigh Street
Wilko secures £40m in funding from Homebase owner
Wilko has reportedly secured £40m in funding from Hilco UK, the investor which owns both Homebase and Cath Kidston. According to the Financial Times, the details of the asset-based credit facility were filed with Companies House although they have yet to be fully disclosed. However, the outlet added it is…
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Sep- 2022 -13 SeptemberDepartment Stores
John Lewis, Primark, Aldi to shut stores all day for Queen’s funeral
A number of retailers have confirmed they will shut all of their stores on the day of Queen’s funeral on 19 September as a mark of respect. Retailers including John Lewis, Homebase, WH Smith, B&Q, Primark, Tesco, Sainsbury’s, Argos, Ikea, Poundland and grocers Aldi and Sainsbury’s will shut all of…
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Sep- 2021 -2 SeptemberDIY
Homebase welcomes gov Kickstart recruits to Nottingham store
Homebase has announced that it has kickstarted its creation of 300 jobs across Britain for young people with the first recruits set to join the retailer’s Nottingham store. As part of the government’s Kickstart Scheme, the retailer will be offering people aged 16-24 the chance to learn new skills, gain…
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