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The chain went into administration final 12 months, with round 2,000 jobs left up within the air, and now 33 of the megastores will shut for the ultimate time later this month
09:43, 07 Feb 2025Updated 09:44, 07 Feb 2025
The chain went into administration final 12 months(Image: Getty Images)
DIY giants Homebase will close 33 stores this month, as the embattled brand fights for its future. The home improvement and DIY chain’s collapse into administration last year put 74 stores and approximately 2,000 jobs in jeopardy.
Hilco Capital, the firm that snapped up Homebase for a mere quid in 2018, called in administrators Teneo after racking an £84million loss for the year ending January 2023.
Homebase’s boss, Damian McGloughlin, said at the time: “It has been an extremely difficult three years for the house and backyard enchancment market. My precedence is and continues to be our workforce members, and I recognise that this information will likely be unsettling for them.”
Several shops will shut(Image: Getty Images)
More than 70 of the stores have been bought by CDS with many turned into The Range store. The parent company of The Range and Wilko acquired the Homebase brand, IP, and up to 70 stores, leaving around 50 stores remaining.
Last month rivals B&Q agreed to purchase five branches, leaving an estimated 58 stores which could either be sold or closed. This leaves the fate of 49 stores still uncertain.
At the time of administration, Homebase had 3,600 employees. Staff are currently being consulted and supported as negotiations continue.
Homebase to shut these 33 shops this month:
AbingtonAlnwickAntrimBarnstapleBasildon VangeBelfastBranksomeCannockChesterChichester Discovery ParkCraigavonDaventryDerby Kingsway
Many areas are nonetheless up on the market(Image: Getty Images)FolkestoneGalwallyGatesheadGlenrothesHarlowHerne BayHoveInverurieLedburyLewesLutonNewcastle Under LymeNorwich Hall RoadNorwichSprowstonNottingham ArnoldSaffron WaldenSelly OakSleafordSudburyWaltham Cross
The exact dates of closure have not yet been confirmed
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