Homebase in administration: What went wrong and what next?
Retail Gazette
NOVEMBER 13, 2024
Homebase plunged into administration today, appointing Teneo, which immediately sold the DIY retailer’s brand, IP and up to 70 UK stores to The Range and Wilko owner CDS Superstores. The group bought Homebase in 2016 for £340m to bring their Bunnings hardware store to the UK. Retail Gazette explores.
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