Retail tycoon behind Range linked to Homebase rescue deal

Retail tycoon behind The Range linked to Homebase rescue deal, but hundreds of jobs still at risk
A rescue deal to save around 70 Homebase outlets from closure is still expected to result in the loss of hundreds of jobs. The DIY retailer, which has eight stores in Northern Ireland, is reportedly lining up insolvency practitioners at the Teneo consultancy,
Homebase stores to become The Range after Chris Dawson rescue deal
Plymouth retail mogul Chris Dawson has rescued Homebase after it collapsed into administration - saving 1,600 jobs. Mr Dawson’s company CDS Superstores, owner of The Range and Wilko, acquired the Homebase brand name, intellectual property, and up to 70 of its UK stores.
The Range to take over 70 Homebase stores in rescue deal
The Range will take over and eventually rebrand about 70 Homebase stores in a pre-pack deal. However 1,600 jobs are expected to be lost by Homebase’s failure. The Range is also taking over Homebase’s brand and ecommerce business, and will take on around 1,600 of the DIY chain’s employees.
'Del Boy Billionaire' saves Homebase! Retail tycoon who became one of Britain's richest men with The Range strikes rescue deal saving up to 1,600 jobs - but 49 stores remain at risk
The deal to save Homebase by Chris Dawson, whose company CDS Superstores acts as parent company to The Range, was confirmed this afternoon by administrator Teneo.
The Range closes in on Homebase deal as DIY retailer set to go into administration
Sky News has learnt that administrators are being lined up to handle a pre-pack sale of scores of Homebase stores amid hopes that a significant number of the company's remaining jobs can be salvaged.
Billionaire owner of The Range to save 1,600 Homebase jobs but fears remain for 2,000
DIY chain Homebase has plunged into administration - but up to 70 stores will be bought by the firm behind The Range. Yet ...
Homebase inches closer to administration but The Range could save it
Read who is stepping up to save Homebase from entering administration and risking 130 stores and jobs, and how did the ...
The Range closes in on chunk of Homebase in pre-pack sale
Administrators are being lined up to oversee a deal that will save more than 1,500 jobs but leave a question mark hanging ...
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The Range's Chris Dawson went from trading from Truro van to billionaire Wilko saviour
And most recently, he's re-opened the Plymouth and Exeter Wilko stores after launching a rescue deal for the beleagured chain Read next: How The Range's Chris Dawson went from trading from a van ...
The Range's Chris Dawson reveals how he made a whopping £475m in a year
Plymouth retail magnate Chris Dawson has revealed how his wealth grew by £475m in just a year. The boss of The Range ...