US EditionBasingstoke Homebase launches 'Administration Sale' amid uncertain future
- Homebase in Basingstoke has launched an administration sale after collapsing into administration due to financial difficulties linked to declining consumer spending, high inflation, and supply chain disruptions.
- The store, along with 73 others, has been put on the market, with a deadline for potential buyers set for November 29.
- Administrators have assured that no immediate redundancies are planned, despite residents speculating about the store's long-term future.
7 Articles
7 Articles
Full list of 74 Homebase stores up for sale with major brands among buyers
The DIY and garden company has 145 branches in the UK and Ireland (Picture: SWNS) Marks & Spencer (M&S) and B&Q are among two companies considering buying up dozens of Homebase stores after the DIY chain went into administration earlier this month. M&S and Kingfisher, who own B&Q, have emerged as the top two competitors vying to snap up around 20-25 Homebase stores each, ahead of a deadline for offers on Friday. Homebase announced they were clo…
Two major retailers could buy 25 Homebase stores but 49 are at risk of closure
TWO major retailers are eyeing up buying dozens of Homebase stores after it fell into administration this month. Marks and Spencer and the owner of B&Q, Kingfisher, have expressed an interest in taking on between 20 and 25 shops. AlamyM&S and Kingfisher are reportedly looking at up to 25 Homebase shops[/caption] With 74 shops at risk of closure, that means even if the deals go through, 49 branches could still shut. The two chains are among a hos…
Major Retailers Circling Homebase Stores
Marks & Spencer and the owner of B&Q have reportedly expressed an interest in taking over dozens of Homebase stores after the DIY chain fell into administration earlier this month. According to Sky News, M&S and Kingfisher are among several (more…) The post Major Retailers Circling Homebase Stores appeared first on KamCity.
M&S And Kingfisher Among Suitors Circling Homebase Stores - Great Yorkshire Radio
Sky News has learnt that M&S and Kingfisher are among the retailers which are circling the remaining Homebase estate of close to 50 outlets, ahead of a deadline for offers on Friday. The two companies are said to be preparing offers for between 20 and 25 sites, raising the possibility that hundreds of jobs can be saved. Money latest: The most and least affordable towns to buy a home Roughly 2,000 jobs were put at risk by Homebase’s collapse, wit…
Coverage Details
Bias Distribution
- 50% of the sources are Center
To view factuality data please Upgrade to Premium
