Homebase, a UK DIY retailer, enters administration, saving some jobs but closing eight Kent stores.

Homebase, a UK DIY and garden retailer, has fallen into administration, with eight of its Kent stores beginning closing down sales. Administrators secured deals to sell 70 stores to CDS, saving up to 1,600 jobs, but the future of the remaining 49 stores and 2,000 jobs remains uncertain. The company faced challenges from high inflation, supply chain issues, and the pandemic's impact on consumer spending.

December 03, 2024
7 Articles

Further Reading