United Kingdom

Major update issued for full list of 70 under-threat Homebase stores

Homebase went into administration last month (Photo by Vuk Valcic/SOPA Images/LightRocket via Getty Images)

The new owners of Homebase have revealed plans to transform the retailer’s stores earmarked for closure.

It was announced last month that Homebase had collapsed into administration.

But CDS Superstores, the parent company of The Range and Wilko, were able to salvage 70 of the popular retailer’s store. Now, they have outlined plans to keep those stores in business.

The new owners are planning to transform the Homebase stores into The Range Superstores, with revamped branches set to open in Pollokshaws, Glasgow, Christchurch, Bournemouth and Birmingham on January 17, 2025.

That initial roll out will be proceeded by the launch of up to 10 new stores every single month next year in a move which they hope will revitalised Homebase.

LONDON, UNITED KINGDOM - 2020/08/04: A logo on a branch of DIY store Homebase in London. (Photo by Dave Rushen/SOPA Images/LightRocket via Getty Images)
CDS Superstores acquired 70 of the company’s branches (Photo by Dave Rushen/SOPA Images/LightRocket via Getty Images)

Revamped stores will feature ‘Garden Centres by Homebase’ and certain locations will include ‘Kitchens by Homebase’ to ensure the retailer’s brand name remains present throughout the stores.

CDS Superstores hope to convert 70 Homebase locations into the new format by the end of 2025 – opening up a possible 1,600 jobs.

Chief Executive of CDS, Alex Simpkin, outlined his intentions to preserve the best aspects of Homebase in the company’s new format.

He said: ‘While those Homebase stores acquired by CDS will continue to trade as they are during the transition period, we’re focused on ensuring a seamless transfer of these locations into our new store format.’

The Homebase store in Upton on the Wirral. Homebase could be heading for a partial collapse, putting thousands of jobs at risk, amid reports that the chain has appointed insolvency experts with a potential buyer of parts of its 130-store estate also circling. The DIY retailer is reportedly lining up insolvency practitioners at the Teneo consultancy, which could see it placed into administration. Picture date: Wednesday November 13, 2024. PA Photo. See PA story CITY Homebase. Photo credit should read: Peter Byrne/PA Wire
The company was put up for sale in July, just a few months before it entered administration (Credits: Peter Byrne/PA Wire)

The Homebase brand will continue to trade online under its new ownership.

After the company’s announcement of their collapse into administration in November, they confirmed that six of their sites – in Sutton Coldfield, Bromsgrove, Cromer, Fareham, Newark and Rugby, would close before the year ends.

Further stores in Derry, Inveruri, Omagh and Glenrothes will also all close in the coming months.

Hilco Capital, Homebase’s owner, put the retailer up for sale in July just a few months before they entered administration.

At that point, there were 141 Homebases nationwide. A figure which includes 10 stores purchased by Sainsbury’s.

Once all of those stores are closed, Sainsbury’s plan to convert the units into new supermarkets.

Full list of the 74 Homebase stores placed on the market last month

  • Abingdon, Oxfordshire
  • Alnwick, Northumberland
  • Altrincham Retail Park, Manchester
  • Junction One Retail Park, Antrim, Northern Ireland
  • Barnstaple, Devon
  • Basildon, Essex
  • Basingstoke, Hampshire
  • Shane Park, Belfast
  • Berwick upon Tweed, Northumberland
  • Biggleswade, Bedfordshire
  • Battery Retail Park, Birmingham
  • Bishop Auckland, County Durham
  • Bracknell, Berkshire
  • Enterprise Five Retail Park, Bradford
  • Branksome, Poole
  • Bridgend Retail Park, Bridgend, Wales
  • Broadstairs, Kent
  • Bury St. Edmunds, Suffolk
  • The Orbital Retail Centre, Cannock, Staffordshire
  • Horsted Retail Park, Chatham, Kent
  • Cheltenham
  • Greyhound Retail Park, Chester
  • Discovery Park, Chichester
  • Colchester Stanway, Colchester
  • Gallagher Retail Park, Coventry
  • Rushmore Retail Park, Craigavon
  • Daventry, Northamptonshire
  • Wyvern Retail Park, Derby
  • Dumfries, Scotland
  • Halbeath Retail Park, Dunfermline, Scotland
  • Farnham Retail Park, Farnham
  • Folkestone, Kent
  • Drumkeen Complex, Belfast
  • Retail World, Gateshead
  • Gloucester
  • Hamilton, Scotland
  • Hanworth, Feltham, London
  • Harlow, Essex
  • Eddington Business Park, Herne Bay, Kent
  • Tyne Valley Retail Park, Hexham
  • Heath Retail Park, Honiton
  • Hove, Brighton & Hove
  • Hull
  • Leamington Spa
  • Ledbury, Herefordshire
  • Moor Allerton Centre, Leeds
  • Letterkenny, Republic of Ireland
  • Lewes, East Sussex
  • London Catford
  • London Streatham Vale
  • Luton
  • South Aylesford Retail Park, Maidstone
  • Milton Keynes
  • Navan Retail Park, Republic of Ireland
  • Newcastle under Lyme, Staffordshire
  • Norwich Hall Road
  • Norwich Sprowston
  • Madford Retail Park, Nottingham
  • Oban, Scotland
  • Oldbury, West Midlands
  • Wyndham Retail Park, Portishead
  • Romford, Essex
  • Saffron Walden, Essex
  • Sleaford, Lincolnshire
  • St Albans
  • Sudbury, Suffolk
  • Wrekin Retail Park, Telford
  • Truro, Cornwall
  • Tunbridge Wells
  • Upton, Wirral
  • Waltham Cross, Hertfordshire
  • Waterford, Republic of Ireland
  • Wolverhampton
  • Worcester

Get in touch with our news team by emailing us at [email protected].

For more stories like this, check our news page.

Checkout latest world news below links :
World News || Latest News || U.S. News

Source link

Back to top button