London, Nov 13, 2024 (AFP) - UK DIY chain Homebase sold but 2,000 jobs at risk

NAMPA / AFP

2024-11-13

The owner of troubled British DIY chain Homebase has sold the majority of its stores to the CDS group, which manages retail chains, but 2,000 jobs remain at risk. Administrators Teneo said on Wednesday that it had "completed the sale of up to 70 stores in the United Kingdom, the brand and intellectual property" of Homebase to CDS, which owns low-cost household goods chains The Range and Wilko. No figure was given for the sale but it said up to 1,......

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