
PLYMOUTH retail mogul Chris Dawson has rescued Homebase after it collapsed into administration -saving 1,600 jobs.
Mr Dawson's company CDS Superstores, owner of The Range and Wilko, acquired the Homebase brand name, intellectual property, and up to 70 of its UK stores.
The stores will continue to trade under the Homebase banner but will eventually be turned into The Range stores. The Homebase brand will continue online though.
The long-standing DIY retailer appointed administrators at consultancy Teneo on Wednesday before CDS bought the majority of its stores out of administration.
But Teneo said 49 stores which are not part of the deal will continue to trade as normal, while administrators try to find a buyer, and the future of another 2,000 workers remains unclear.
Alex Simpkin, CDS chief executive, said: "We've stepped in following the sad demise of the muchloved Homebase brand which has had a long and previously successful history of helping UK households with their DIY projects and gardening needs, for over 45-years.
この記事は The Herald の November 15, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は The Herald の November 15, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン

Trump hails Zelensky letter
DONALD Trump has said he appreciates Volodymyr Zelensky's letter saying Ukraine is ready to sign a minerals agreement \"at any time\" after the deal broke down last week.

Slade ditched by England
ENGLAND have dropped Henry Slade and Marcus Smith in a dramatic shake-up of the backline for Sunday's Guinness Six Nations clash with Italy at Allianz Stadium.

Kilty hangs up his spikes at 35
Former 60 metres world and European indoor champion Richard Kilty has announced his retirement from athletics.

Betrayal of Ukraine will cost lives
WINSTON Churchill and Teddy Roosevelt must be turning in their graves.
Young people will have their say on how cash is spent
YOUNG people will be given a say on how they think money should be spent in their area, as part of the Government's national youth strategy.

VERSATILE ACCOMMODATION
This well presented mid-terrace property offers accommodation over four floors, and is situated in the Mannamead area of Plymouth.

Emma wary of being alone after stalking
EMMA Raducanu feels her ordeal with a stalker could have been dealt with better by tennis authorities and is now wary of being on her own.

WHAT'S THE STOREY?
Even a flat's small balcony can become an outdoor reading haven. HANNAH STEPHENSON finds out how

Newberry and Gale see off their close rivals
IN Ladies A Sue Gale and Sue Newberry played their nearest rivals, Nicky Slight and Jess Randell, and it turned out to be a very close affair with the two Sues coming out on top - just.

Fears rapist targeted 50 more women
A Chinese PhD student convicted of drugging and raping 10 women in London and China is feared to have targeted more than 50 other potential victims.