In This Issue
Tackling the big garden industry issue: growing media and peat...what happens next?
Will the Washout from the West be as bad for garden centre business as the Beast From the East?
Drive sales this Garden Re-Leaf Day with a Greenfingers product display
Sponges - the new gardening bestsellers?
Impressive sum raised for Thrive at open day
Gina and John heading to Monte Carlo in £500 banger
Make Garden Re-Leaf your reason to feel warm and fuzzy in 2020. Sign up now!
Great start to a new season for Durstons
Homebase to sponsor IT'V's Love Your Garden
GIMA Innovators’ Seed Corn Fund 2019 winners: Natural Grower – how the award has helped shape their business
2019 was the year of the houseplant says GCA
Garden centres off to a strong start in 2020 according to HTA Market Update
Boosting category growth in UK garden retailers
More names sign up to the 2020 Garden Re-Leaf Sponsored Walk & Cycle Challenge
Get your own copy of GTN Xtra
Homebase makes early return to profit
Garden centre boss who stole almost half a million pounds has hearing adjourned
Bradford Garden Centre creates new role to oversee expansion plans
RSPB calls for nests not nets
Primeur’s Eco Garden stands transform retailers’ displays as the gardening season begins
The best of last week's
Celebrity joins fight to prevent garden centre closure
Highfield Garden World gets green light for £2m expansion
Storm Dennis takes the shine off sales
Key retailers to headline GIMA Day Conference
Garden Centre Photo Tours
Bestsellers Top 50 charts every week
Buy your subscription to GTN Bestsellers
Leading associations reveal plans for Commercial Kitchen Show
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Email neil.pope@tgcmc.co.uk, or trevor.pfeiffer@tgcmc.co.uk or call the GTN News team on 01733 775700


Homebase makes early return to profit
 

Homebase has returned to profit earlier than expected after its turnaround plan helped deliver strong growth.

 

The DIY retailer reported earnings before interest, tax, depreciation and amortisation of £3.2m for the year, up from a £114.5m loss in 2018.

 

Homebase has embarked on a radical turnaround strategy after it was bought by Hilco Capital for just £1 amid huge losses.

 

The firm said new ranges and improvements to both its in-store and online offering had helped drive like-for-like sales up 2.6 per cent, while its gross margin rate rose 2.8 per cent.]

 

Homebase last year bought Bathstore out of administration and has now opened 49 concessions in its stores.

 

The homeware chain said its cost-cutting strategy had helped trim its costs base by more than £180m, and that nearly all of its 164 stores were now profitable.

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