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 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. The owner of homeware chain The Range is buying up to 70 stores and the brand,

The fate of thousands of Homebase staff, including those in Leicestershire, is up in the air after the firm collapsed into administration. Dozens of stores have been saved as part of a recue deal, but many others have an uncertain future.

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,

Homebase has fallen into administration placing 2,000 jobs at risk. The British home improvement company’s owner, Hilco, was actively seeking to sell the beleaguered retailer, which has so far proven unsuccessful.

Over half of Homebase's workforce faces uncertainty after the DIY retailer's owners called in administrators following a failed sale attempt.

Homebase has entered administration, endangering 2,000 jobs, as The Range acquires 75 stores Homebase has fallen into administration placing 2,000 jobs at risk. The British home improvement company’s owner,

The jobs of more than half of the workforce at the DIY chain Homebase are at risk after the retailer's owners called in administrators following a failed attempt at a sale.