The Range
This coverage examines The Range’s operations and strategy within the UK retail sector, featuring updates on store expansions, supply chain developments, marketing initiatives, leadership changes, and financial performance. Reporting offers insights for professionals interested in how the value retailer navigates competitive pressures, customer demand, and operational efficiency across its growing footprint.
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Mar- 2025 -24 MarchNews-In-Brief
Today’s news in brief-24/3/25
Harrods is nearing the finalisation of compensation payments for victims of sexual abuse by its former owner, Mohamed al Fayed, who died in 2023. According to draft terms seen by Sky News, some claimants could receive over £300k, depending on whether they opt for a psychiatric assessment. Those choosing the…
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24 MarchDIY
The Range opens new superstore concept in Ruislip
UK home, leisure and garden retailer, The Range, has opened a new superstore in Ruislip featuring its first ‘Kitchens by Homebase’ concept. The ‘Kitchens by Homebase’ is the latest addition to be introduced to The Range superstores allowing customers to find their “dream kitchen”, with design specialists on hand to…
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17 MarchNews-In-Brief
Today’s news in brief-17/3/25
Fenwick, the family-owned retailer, is facing significant financial challenges, with pre-tax losses widening to £38.1m in the year to January 2024, up from £28.4m the previous year. The company has been operating at a loss for six years due to high inflation, increased costs, and tough market conditions. Despite efforts…
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17 MarchHigh Street
Ex-Morrisons boss touted for B&M CEO role
Former Morrisons boss David Potts is reportedly among the leading candidates for the CEO role at B&M, according to The Sunday Times. Potts has reportedly been in talks with the bargain retailer for weeks about the position, which became vacant following Alex Russo’s departure last month. Sources familiar with the…
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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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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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