Homebase will shut 33 extra areas in February after it fell into administration in 2024.
All impacted staff will obtain at the least two weeks’ discover of their efficient date of redundancy, in accordance with the excessive avenue DIY and homeware enterprise. The retailer has confirmed that this will likely be despatched to their houses within the type of a letter. Moreover, they said that each one pay and advantages could be supplied during their work.
Since Homebase went into administration in November, as much as 70 of the branches have been purchased by CDS Superstores, which now function as Wilko, The Vary, and Homebase.
Nevertheless, 74 branches had been positioned vulnerable to closing if no patrons might be discovered to take them on.
In line with Teneo, 13 areas – together with these in Bradford, Coventry, and London – closed in January.
The record of branches closing will now complete 52, with 33 closing this month. Six branches closed earlier than the top of 2024.
After buying ten of the 74 properties Teneo listed on the market earlier in 2024, Sainsbury’s is anticipated to buy three extra. B&Q also agreed to purchase five branches last month. This means that round 4 of the 74 shops on the record are nonetheless at risk of closing.
Nevertheless, it’s presently not recognized what number of extra Homebase shops are vulnerable to closing.
Right here is the complete record of the 33 Homebase closures:
- Abington
- Alnwick
- Antrim
- Barnstaple
- Basildon Vange
- Belfast
- Branksome
- Cannock
- Chester
- Chichester Discovery Park
- Craigavon
- Daventry
- Derby Kingsway
- Folkestone
- Galwally
- Gateshead
- Glenrothes
- Harlow
- Herne Bay
- Hove
- Inverurie
- Ledbury
- Lewes
- Luton
- Newcastle Underneath Lyme
- Norwich Corridor Street
- Norwich Sprowston
- Nottingham Arnold
- Saffron Walden
- Selly Oak
- Sleaford
- Sudbury
- Waltham Cross
What’s CDS Superstores doing with the purchased shops?
CDS Superstores, the proprietor of The Vary and Wilko, acquired Homebase and revamped its web site, providing an intensive vary of house enchancment merchandise.
A number of the outdated Homebase areas are additionally being repurposed and reopened below the The Vary title.
A number of the new areas could have “Backyard Centres by Homebase” along with the gadgets sometimes present in The Vary. Whereas “Kitchens by Homebase” areas will likely be included in others.
