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20 Mar, 2025
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Major homeware retailers rescues THREE more Homebase stores after falling into administration – see the full list
@Source: thesun.co.uk
A MAJOR homeware retailer has rescued three more Homebase stores after falling into administration. The DIY store fell into administration in November but was partially rescued by CDS Superstores, the parent company of The Range and Wilko. Its plan was to preserve up to 70 stores and 1600 jobs and also keep the Homebase brand alive. That left around 74 homebase facing uncertainty, but the stores administrators put the sites up for sale a week later. Analysis by The Sun at the time revealed that just 57 stores were excluded from the sale listing, suggesting they could have been part of CDS's rescue plan. To date, however, CDS has only confirmed the rescue of 26 stores, leaving the exact number of saved locations unclear. But now it has been confirmed three more locations have been rescued from closure and are set to reopen next month. Former Homebase sites in Sheffield, Haverfordwest and Rayleigh Weir will be transformed into The Range stores come April. The sites will also feature "Garden Centres by Homebase," a new concept which will help preserve the brand. Earlier this month, stores in Ruislip, Maidenhead, Harrogate, Dublin, Nutgrove and Dublin Santry, were also marked for reopening. An additional three locations - in Bangor, Godalming, and Winchester - will welcome shoppers from April onwards. The full list of Homebase stores rescued by The Range include: Ashbourne, Waterside Business Park - opened February 14Bicester - opened February 21Birmingham, Kings Heath - opened January 17Blandford Forum, Dorset - opened January 31Blyth - opened January 24Bodmin - opens March 7Christchurch - opened January 17East Dereham, Norfolk - opened February 14Eastbourne, Admiral Park - opened February 28Edinburgh, Craigleith - opens March 21Felixstowe - opened January 24Glasgow, Pollokshaws - opened January 17Horsham - opens March 21Huntingdon - opened February 21Leicester, Putney Road - opened January 31Leighton Buzzard - opened February 7Loudwater, High Wycombe - opens March 7Morecambe, Lancashire - opened February 28Newton Abbot - opened January 24Oxford, Horspath Driftway - opened February 28Penge, London - opened February 7Reigate, Surrey - opened February 21Selby - opens March 7Staines - opened February 14Stroud - opened January 31Woking - opened February (date incomplete)Ruislip - opens later this monthMaidenhead - opens later this monthHarrogate - opens later this monthDublin, Nutgrove - opens later this monthDublin, Santry - opens later this monthBangor - opens AprilGodalming - opens AprilWinchester - opens AprilSheffield - reopens in AprilHaverfordwest - reopens in AprilRayleigh Weir - opens in April The firm previously said it has a goal to transform 70 Homebase locations into this new format throughout 2025, securing up to 1,600 jobs. Alex Simpkin, group chief executive at CDS, said late last year he was "committed to retaining the best of Homebase’s heritage" while also introducing the "broader product range" that customers expect The Range. He added: "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 firm is also investing in the Homebase brand with the relaunch of www.homebase.co.uk . CDS already confirmed that the Homebase brand will continue to trade online. TROUBLE FOR DIY AND GARDEN STORES High inflation coupled with a squeeze on consumers' finances has meant people have less money to spend in the shops. Garden centres and home improvement businesses also boomed during the pandemic when customers were stuck at home. But customers have been forced to cut back on spending since then due to high inflation and a national cash crunch. This has led to prominent chains going bust or launching restructuring plans. That includes Dobbies which shut 16 stores as part of a restructuring plan. The company also said eight branches would close this year, including in Rugby, Stapleton and Leicester, as well as Morpeth, Havant and Aylesbury.
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