Homebase enters administration with 2,000 jobs at risk
Homebase has collapsed into administration, putting 2,000 jobs at risk. Hilco, the owner of Homebase, had been looking to sell the struggling retailer but has not managed to find an outright buyer. The company behind The Range retail chain is buying up to 70 stores as well as the Homebase brand,
UK retailer Homebase falls into administration with 2,000 jobs at risk
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.
Homebase to collapse into administration with 130 shops at risk of closing
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,
Homebase collapses with 2,000 jobs at risk
Homebase has collapsed into administration, putting 2,000 jobs at risk. Its owner Hilco had been looking to sell the struggling retailer, but has not managed to find an outright buyer. However, homeware chain The Range is buying up to 75 stores and the brand,
UK retailer Homebase falls into administration, 70 stores sold
British home improvement retailer Homebase has fallen into administration, with up to 70 stores, the brand and its intellectual property immediately sold to The Range owner CDS, administrator Teneo Financial Advisory Limited said on Wednesday.
Homebase's 130 branches at risk as it appoints administrator
DIY chain Homebase is reported to be on the verge of going into administration, with the future of 130 stores at risk. The Times says all 130 branches and their employees are at risk. The chain is expected to appoint administrators from Teneo after Sainsbury's bought ten Homebase stores with plans to convert them into supermarkets.
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