In This Issue
A Perfect Storm Hits the Garden Market
Sales pick up during Lockdown 2
Five creative ways to enhance your takeaway service during lockdown
Clipglove scores a Hat Trick in Gardeners’ World Review!
Profits up at Notcutts in year to February 2020
GTN's Greatest Christmas Awards are back!
Plant sales – a third up since re-opening
Gardenex organises webinar on ‘Beyond Transition: the steps UK exporters should take now!’
HTA calls on Government to delay implementation of plant health regulations
Further your professional development with the Ball Colegrave Scholarship
“The Smart Show must go on…line!”
Sales fall by 5.5% in Lockdown 2
EcoGro launch a range of specialist sustainable plant foods
RHS to launch rosé wine in time for Chelsea Flower Show
Tong Garden Centre wins Outstanding Employer award
APL Awards 2021 – finalists announced
GTN November issue now on-line
Get your own copy of GTN Xtra
The sale of pot feet keep volumes up
Picks and Clips help to drive up Christmas sales
Lockdown hits Wild Bird Care sales
GROEN-Direkt’s Spring Showroom: February 2-3 2021
Brexit webinars to support global ornamental horticulture industry
The best of last week's
Barton Grange Christmas 2020 - Exclusive GTN Xtra Photo Tour
Homebase up for sale after recent overhaul
Little Dobbies opens in Edinburgh
Simpsons expands with purchase of Aberdeenshire garden centre
Thieves break into Dobbies Garden Centre
Garden Centre Photo Tours
Haskins Snowhill re-opens after £15m re-vamp
British Garden Centres open their 58th centre at Thatcham
Bestsellers Top 50 charts every week
Buy your subscription to the GTN Bestsellers printed weekly newsletter
All the latest news from the world of pet products
Laughing Dog brings innovation to Christmas with festive treat
Lockdown sparks surge in love for 'man's best friend'
Unleashing holiday cheer with Purely Pets Top Trump packs
Send us your news and great ideas

Contact us with your news.

Email trevor@pottingshedpress.co.uk or call the GTN News team on 07973 504214


Homebase up for sale after recent overhaul

 

Homebase has been put up for sale, following two and a half years of major structural overhaul by its most recent buyers Hilco.

 

Turnaround specialist Hilco acquired the Homebase business from Australian business Wesfarmers in 2018, for the sum of £1. Westfarmers bought Homebase just two years prior to that for £340 million.

 

At the time, operating losses were said to be running at approximately £20m a month. Since then, Hilco has overseen a major overhaul of the business. The restructuring firm shut down stores and bought Bathstores out of administration last year, and has now opened 49 concessions in its stores.

 

In a statement Homebase said: “Having built an excellent foundation, Homebase is moving out of its turnaround phase and entering into an exciting new chapter of growth. Now is the right time for us to be starting conversations with potential new owners to accelerate our plan.”

Facebook Twitter LinkedIn Del.icio.us Digg | Comment (0)
Comment
Name:*

Email Address:*

Comment:*