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.
Middle England beware: Britain is now a discount nation
It has more than 200 shops, generates annual revenues of more than £1bn and is valued at around £2bn. It has been described ...
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 ...
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 ...
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 ...
Personnel Today2d
The Range could rescue 70 Homebase stores
More than 1,500 jobs of a workforce of more than 3,000 could be saved at struggling DIY retailer Homebase after reports ...
Management Today6y
My Week: Chris Dawson of The Range
We’re right next to the airport but we’ll be taking off from our car park as we wouldn’t pay the landing fee. Ever efficient Dawson said: ‘not likely’. And then we fly from Plymouth to Worthing ...
Lancashire Post on MSN1d
The Homebase shops in Lancashire at risk as DIY chain 'set for administration'
Homebase has two shops in Lancashire - one in Queensway, Clitheroe, and one in Hilmore Way, Morecambe. Preston’s Homebase at ...
Essex Live on MSN1d
The six Homebase stores in Essex that could be at risk of closure
Six Homebase stores in Essex could be at risk of closing. Almost 50 Homebase stores are reported to be at risk of closure, ...
Management Today6y
The MT Interview: Chris Dawson, The Range
A couple of months ago, MT ran a round table discussion about entrepreneurialism at the Dorchester Hotel in central London. We collected together eight leading self-made men and women worth a total of ...