The Range, the privately owned general merchandise retailer, is closing in on a deal to snap up a large chunk of Homebase which will save close to 1,500 jobs but raise doubts about at least 1,700 more.



wikipedia

RTÉ

Ireland

UK retailer Homebase falls into administration

Homebase enters administration, but The Range buys up to 70 stores and the brand.

Ad Fontes Media

All Sides

Media Bias/Fact Check

BBC News

Government of the United Kingdom

United Kingdom

Homebase collapses with 2,000 jobs at risk

The deal to buy 70 stores came after Homebase appointed administrators on Wednesday but left 2,000 workers and 49 stores still at risk.

The Independent

Evgeny Lebedev

London

Greater London

England

Homebase bought out of administration securing up to 1,600 jobs

DIY chain Homebase has plunged into administration - but up to 70 stores will be bought by the firm behind The Range. Yet fears remain over 2,000 jobs at the stores that are left

Daily Mirror

Reach plc

Billionaire owner of The Range to save 1,600 Homebase jobs but fears remain for 2,000

A BILLIONAIRE bargain store owner has swooped in to save dozens of Homebase stores after it collapsed into administration this afternoon. Chris Dawson, owner of The Range, has rescued 70 stores through a pre-pack administration deal. GettyHomebase is preparing to appoint administrators, according to reports[/caption]
Mr Dawson has also bought Homebase‘s 40-year-old brand and its website as part of the deal. The DIY retailer has been preparing fo…

The Sun

Murdoch family

Bargain store billionaire saves 70 Homebase stores from closure - 50 at risk

The DIY and garden company has 145 branches in the UK and Ireland (Picture: SWNS) Homebase is set to collapse into administration with 130 shops facing closure, putting countless jobs on the line.  The DIY and garden chain closed 106 branches in 2018 and lost more than £40 million in 2022, according to accounts filed at Companies House. Hilco Capital, which bought the retailer for £1 in 2018, has been trying to balance the books.  In a bid to sa…

Metro News

Alfred Harmsworth (barrister)

Geraldine Mary Harmsworth

Patricia Harmsworth, Viscountess Rothermere

Homebase to collapse into administration with 130 shops at risk of closing

Up to 2,000 jobs are at risk after British home improvement retailer Homebase called in administrators who immediately sold up to 70 stores, the brand and its intellectual property to The Range owner CDS in a so-called prepack deal.

Government of Ireland

Potential buyers are said to be interested in parts of the DIY giant's 130 stores

Liverpool Echo

Liverpool

Merseyside

Homebase ‘set for administration’ with thousands of jobs at risk

Evening Standard

Carron Greig

Administrators are being lined up to oversee a deal that will save more than 1,500 jobs but leave a question mark hanging over another 1,700, Sky News learns.

Sky News UK

Roberts family

The Range closes in on chunk of Homebase in pre-pack sale

The DIY and garden retailer is said to be preparing to call in administrators as it faces collapse

Chronicle Live

Newcastle upon Tyne

Tyne and Wear

Homebase 'on brink of administration' with 130 UK shops at risk of closure

Europe

Business

Economy

UNICEF

Property

Pandemic

UK Economy

European Economy

Birmingham Mail

Bristol Post

Stoke Sentinel

Bournemouth Echo

The Argus

Coventry Telegraph

The Echo UK

Worcester News

Gloucestershire Live

Glasgow Live

The National

City AM

iNews

Nation.Cymru

Cheshire-Live

My London

Suffolk News

LincolnshireWorld

upday

SecularTimes

Great Yorkshire Radio

MondialNews

khbrknews

Retail Sector

lancashiretelegraph.co.uk

Invezz

perspectivemedia.com

birminghamworld.uk

nottinghamworld.com

kamcity.com

The Range closes in on chunk of Homebase in pre-pack sale

Coverage Details

Bias Distribution

Ownership

Similar News Topics

Similar News Topics