Homebase has collapsed into administration leaving 2,000 jobs at risk - this is what the news means for shoppers
Retail giant Homebase has gone into administration leaving 2,000 jobs at risk and 49 stores at risk of closure. The owner of Homebase, Hilco, has been looking to sell the retailer after a challenging few years for the brand.
Store closures alert: Homebase on brink of collapse as 130 shops at risk of shutting down
Homebase is in the process of "preparing to appoint administrators" with 130 stores likely to be at risk of closure. Britain's high streets have been decimated by a wave of store closures in recent years with the DIY retailer being among the many businesses to shut down locations.
Homebase collapse: 2,000 jobs at risk - full list of sites facing closure
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.
Homebase set to collapse into administration with 130 shops at risk of closure
DIY and garden chain Homebase is said to be preparing to appoint administrators months after its owner Hilco Capital started a formal process to sell the company
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 enters administration 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. The owner of homeware chain The Range is buying up to 70 stores and the brand,
Homebase bought out of administration saving up to 1,600 jobs
After it appointed administrators on Wednesday, Homebase has been sold to a retail group CDS. The rescue deal secures up to 1,600 jobs and 70 stores but leaves the future of its remaining 2,000 workers and 49 shops unclear.
2,000 jobs at risk after Homebase deal
Over half of Homebase's workforce faces uncertainty after the DIY retailer's owners called in administrators following a failed sale attempt.
Homebase could shut more than 100 stores as retail boss prepares to sell the company
The home DIY retailer could lose its portfolio of 130 stores as its owner prepares to sell the company in a crushing blow to ...
Homebase closures: Branches in Cannock, Wolverhampton and Telford could close despite rescue deal for ailing DIY firm
Three stores in the West Midlands could be under threat of closure as the chain looks set to shut 49 of its UK branches.
Bargain store billionaire saves 70 Homebase stores from closure – but 50 still at risk
A BILLIONAIRE bargain store owner has swooped in to save dozens of Homebase stores after it collapsed into administration ...
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Store closures update: Marks & Spencer, Homebase and House of Fraser to shut down sites - full list
Marks & Spencer, House of Fraser and Homebase are among the businesses shutting locations down this month as store closures ...
WHSmith joins supermarket giant in widespread store closures - full list
Marks and Spencer, Homebase, and department store giant House of Fraser have all confirmed closures this month. And ...
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Full list of Homebase stores as 49 are still at risk of closure
Almost 50 Homebase stores are reported to be at risk of closure, despite a rescue deal from billionaire Chris Dawson. The ...
70 Homebase stores saved from closure but 50 still at risk
Chris Dawson, owner of The Range, has rescued 70 stores through a pre-pack administration deal and Homebase is preparing to ...