It comes as the retailer is set to close eight branches
Homebase has announced it will be closing another three stores today (March 3) in a major blow for shoppers.
Since entering administration in November last year, the DIY and garden centre retailer has closed dozens of stores, with some being taken over by rival chains. Homebase will shut a further three stores today in Bury St Edmunds (Moreton Hall Estate), Dunfermline (Halbeath Retail Park) and Leeds (Moor Allerton Centre), the Mirror reports.
But luckily for shoppers all of these stores have been purchased by Wickes and will soon reopen under its branding.
It comes after Homebase closed three stores last Saturday. Shops in Farnham (Guildford Road) and Truro (Treliske Industrial Estate) will permanently close after no buyer was found, while the third store in Basingstoke (Winchester Road) has been snapped up by B&Q.
A further two stores closed on Sunday – no buyer was found for the Bracknell (Wokingham Road) branch, but its Letterkenny (Neil T Blaney Road) site is being taken over by B&Q.
All of these stores had been holding closing down sales with up to 90 per cent off. CDS Superstores, owner of The Range, went on to acquire the Homebase brand and said it would purchase “up to” 70 stores – but so far, the firm has only rescued 26 sites.
In January, it was reported that the total number of stores CDS had officially rescued stood at just 12. This figure grew by another 14 branches last month. Additionally, some stores have been snapped up by rival DIY chains Wickes and B&Q, while Sainsbury’s has also taken on some sites. Homebase had 133 UK stores and employed 3,600 staff when it collapsed into administration in November 2024.
Damian McGloughlin, CEO of Homebase, said: “It has been an incredibly challenging three years for the home and garden improvement market.
“A decline in consumer confidence and spending following the pandemic has been exacerbated by the impact of persistent high inflation, global supply chain issues and unseasonable weather. Against this backdrop, we have taken many and wide-ranging actions to improve trading performance including restructuring the business and seeking fresh investment.”
Full list of Homebase stores closing in March
- Farnham, Guildford Road – (March 1)
- Truro, Treliske Industrial Estate, Oak Lane – (March 1)
- Basingstoke, Winchester Road – (March 1)
- Bracknell, Wokingham Road – (March 2)
- Letterkenny, Neil T Blaney Road – (March 2)
- Bury St Edmunds, Moreton Hall Estate – (March 3)
- Dunfermline, Halbeath Retail Park – (March 3)
- Leeds, Moor Allerton Centre – (March 3)