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HomeBase was a home improvement warehouse chain in the Western United States based in Irvine, California. History. Robert J. McNulty and George Handgis founded the ...
Under the terms of the agreement with Sainsbury's to acquire Home Retail Group, for each Home Retail Group share, shareholders received 0.321 new Sainsbury’s shares and 55p per share. As a result of the sale of Homebase, they also received 25p per share, plus the year's dividend as a final dividend payment. [22]
In 2018, the business opened two new standalone stores - one in Westfield White City as part of the extension of the shopping centre which was planned to attract more homeware and lifestyle brands and the other in Brighton; this was the location of one of Habitat's most successful Homebase concessions. Sainsbury's announced in November 2020 ...
The new head office was part of a major development by London-based property developer Petros and was set to include residential, retail, hospitality and office space. Dawson has indicated a long-held ambition to commit The Range to a long-term future and its head office jobs to Plymouth, the city where he has lived most of his life.
Sainsbury's sold the Homebase chain in December 2000, in a twofold deal worth £969 million. Sales of the stores to Schroder Ventures generated £750 million and sale of 28 development sites, which had been earmarked for future Homebase shops, were sold for £219 million to rival B&Q's parent company, Kingfisher plc. [32]
At the time of the purchase, Texas had more than 11,600 staff, while Homebase had c. 4,500. As part of the acquisition, 26 Texas stores closed and Sainsbury's converted the remaining stores to the Homebase brand. [4] The conversion to Homebase was completed in 1999, when the Texas Homecare brand was discontinued. [5]
Ant and Dec’s Saturday Night Takeaway is set to return to television screens for the final series this year.. Presenting duo Anthony McPartlin and Declan Donnelly confirmed in May last year they ...
In December 2000, Kingfisher plc acquired 28 development sites, intended to house future shops of rival chain Homebase from Sainsbury's, who sold the chain. [16] The development sites instead housed shops of B&Q. In August 2001, B&Q opened its first shop in Shanghai, when it hoped to increase outlets from four to 58 by 2005. [17] [18]