Homebase administration update as more closing down sales launched as huge chain confirms takeover of three more sites
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THE new owner of 70 former Homebase stores has issued a major update after the DIY retailer fell into administration. CDS Superstores has confirmed the next three former Homebase branches it will open under its The Range brand. The company will pull up the shutters on the stores in Leicester, Stroud and Blandford Forum on January 31.
It comes after it confirmed six former Homebase stores would reopen as The Range shops later this month. The six stores are opening in Glasgow, Bournemouth, Birmingham Newton Abbot, Felixstowe and Blyth from tomorrow. The new-format stores will feature products usually found in its stores but some will also contain "Garden Centres by Homebase".
Others will feature "Kitchens by Homebase" spaces. CDS plans to open up to 10 of the new-format stores each month, up to a total of 70. The parent company of The Range and Wilko said the move would see 1,600 staff keep their jobs. It also said it has prioritised retaining and transferring team members from the acquired Homebase locations.