Sky News
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The Range closes in on Homebase deal as DIY retailer set to go into administration
Posted
November 13, 2024
Views
8,319
Likes
53
Comments
12
Engagement
0.78%
November 13, 2024
8,319
53
12
0.78%
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1:41Now PlayingThe Range is closing in on a deal to snap up a large chunk of Homebase which will save close to 1,500 jobs but raise doubts about at least 1,700 more.
Sky News has learnt that administrators are being lined up to handle a pre-pack sale of scores of Homebase stores amid hopes that a significant number of the company's remaining jobs can be salvaged.
A deal with The Range would involve the purchase of up to 75 stores.
#ukeconomy #costofliving #skynews
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