Home and garden giant
Homebase said it had acquired Bathstore's website and 44 stores, safeguarding around 150 jobs on the shopfloor and another 25 at head office.
Home and garden giant
Homebase said it had bought out Bathstore's website and 44 stores, safeguarding about 150 jobs on the shop floor and another 25 at its head office.
Homebase chief executive Damian McGloughlin said: "We are absolutely delighted to welcome Bathstore into the
Homebase family.
"We are honored to welcome Blake Miller and
Homebase into the community," said Scott Gerber, founder of Forbes Councils, the collective that includes Forbes Real Estate Business Council.
Homebase was bought by Wesfarmers for PS340m in 2016.
Homebase's remaining stores in Wales are at Newport, Brecon, Haverfordwest, Mold and Bridgend.
But are the major DIY stores, including
Homebase, open on Easter Sunday?
Restructuring firm Hilco Capital, which bought
Homebase for just PS1 last May from Australian giant Wesfarmers, said the changes helped improve its finances.
Homebase's losses have reduced sharply, from PS172million in the second half of 2017 to PS33milion for the same period last year.
Homebase has two stores in Merseyside: one in Formby, on Stephenson Way and one on Wirral, based in Upton - both of which are thought to be safe.
It comes a month after
Homebase said it is cutting more than 300 jobs at its support centre in Milton Keynes.
Homebase would have to secure the support of landlords to carry out a CVA.
Homebase is exploring a second wave of store closures that could see up to 40 DIY outlets shut, putting hundreds more retail jobs at risk.
Homebase has been sold by its Australian owner Wesfarmers to retail restructuring firm Hilco, closing the chapter on a disastrous foray into British retail.
Homebase staff in Dumfries have been left fearing for their jobs after the DIY giants announced store closures.
