In This Issue
Inspiration and trends at spoga+gafa 2018
Santa's Secret Elf is back for Autumn 2018
Back to school breaks August Blues
Block Blitz to launch new larger pack at Glee 2018
Crossley to target more garden centres after £375,000 in new funding
Seasonal Offer up to 20% OFF* Trade Prices
Heatwave sees furniture and barbecue sales sizzle – but plant sales wilt
Autumn colour dominates GTN Bestsellers plant chart
Sipcam UK and Assured Products to launch RHS partnership range at Glee
Hilliers appoint two more family members to board
Wyevale Nurseries to ditch black pots in war on plastic
Get your own copy of GTN Xtra
Squires Christmas starts in October
Lighting brightens up garden product sales volumes
Herbs star for Veg-2-Go sales
Top soil and bulb planting compost hit the high spots
The best of last week's
Wyevale Garden Centres agrees sale of four more garden centres
Over 95% of Homebase creditors vote in favour of CVA
Great expectations for Glee 2018
AMES UK on the road to further expansion
Bestsellers Top 50 charts every week
Buy your subscription to GTN Bestsellers
All the latest news from the world of garden centre catering
Brand new products, trends and innovations at lunch! 2018
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Over 95% of Homebase creditors vote in favour of CVA

Homebase's creditors voted in favour of a Company Voluntary Arrangement (CVA), with 95.92% of creditors backing the plan.

 

Homebase will now close 42 of its 241 stores during late 2018 and early 2019, leaving 1,500 people at risk of losing their jobs.

 

The stores to close are:

  • Aberdeen Bridge of Don
    Aberdeen Portlethen
    Aylesbury
    Bedford St Johns
    Bradford
    Brentford
    Bristol
    Canterbury
    Cardiff Newport Road
    Croydon Purley Way
    Droitwich
    Dublin Fonthill
    Dublin Naas Road
    Dundee
    East Kilbride
    Exeter
    Gateshead
    Grantham
    Greenock
    Hawick
    Inverness
    Ipswich
    Limerick
    London Merton
    London New Southgate
    London Wimbledon
    Macclesfield
    Oxford Botley Road
    Peterborough
    Pollokshaws
    Poole Tower Park
    Robroyston
    Salisbury
    Seven Kings
    Solihull
    Southampton Hedge End
    Southend
    Stirling
    Swindon Drakes Way
    Swindon Orbital
    Warrington
    Whitby

Damian McGloughlin, CEO of Homebase, said:  “We are pleased that an overwhelming majority of our creditors, including such a proportion of landlords, have supported the plans laid out in the CVA. We now have the platform to turn the business around and return to profitability. This has been a difficult time for many of our team members and I am very grateful for their continued support and hard work.

 

“We can look to the future with great confidence, and we will be working closely with our suppliers to capitalise on the opportunities we see in the home improvement market in the UK and Ireland.”

 

Source: InsightDIY

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