Metropol

49 stores have gone into administration with Teneo.

The remaining 70 stores along with the Homebase brand have been acquired by CDS Superstores who will convert them into The Range.

It's not clear at the moment which stores are under administration and those which are now under CDS management.

Homebase will remain as an online brand, all stores will continue to trade as Homebase until either store conversion or sold/closed.

I'm surprised Homebase still had 3-figure numbers of stores. A chunk were sold to Sainsburys a few months back too.

Presumably those 49 stores are doomed and will begin closing down soon, along with the Sainsburys acquired ones which are already closing down.

WillPS wrote: Thu 14 Nov, 2024 11.57 I'm surprised Homebase still had 3-figure numbers of stores. A chunk were sold to Sainsburys a few months back too.

Presumably those 49 stores are doomed and will begin closing down soon, along with the Sainsburys acquired ones which are already closing down.

Same to be honest, I assume they're down South as most closed up here years ago, ironically a few becoming Range's.

Must be bleak for those working at places like Hexham and Bishop Auckland being stuck in limbo knowing you're one of the 49 stores (there's been a brand new Range open near both of them bery recently - past month or so).

Personally don't understand why there's any delay for them tbh.

I can see the London Homebase stores becoming The Range as they only have 5 stores either within the M25 with one just outside it at Lakeside.

Homebase have 13 stores within the M25.

There's finally a list of Homebase stores for sale with prospective buyers having until Nov 29th.

-Abingdon, Oxfordshire

-Alnwick, Northumberland

-Altrincham Retail Park, Manchester

-Junction One Retail Park, Antrim, Northern Ireland

-Barnstaple, Devon

-Basildon, Essex

-Basingstoke, Hampshire

-Shane Park, Belfast

-Berwick upon Tweed, Northumberland

-Biggleswade, Bedfordshire

-Battery Retail Park, Birmingham

-Bishop Auckland, County Durham

-Bracknell, Berkshire

-Enterprise Five Retail Park, Bradford

-Branksome, Poole

-Bridgend Retail Park, Bridgend, Wales

-Broadstairs, Kent

-Bury St. Edmunds, Suffolk

-The Orbital Retail Centre, Cannock, Staffordshire

-Horsted Retail Park, Chatham, Kent

-Cheltenham

-Greyhound Retail Park, Chester

-Discovery Park, Chichester

-Colchester Stanway, Colchester

-Gallagher Retail Park, Coventry

-Rushmore Retail Park, Craigavon

– Daventry, Northamptonshire

-Wyvern Retail Park, Derby

-Dumfries, Scotland

-Halbeath Retail Park, Dunfermline, Scotland

-Farnham Retail Park, Farnham

-Folkestone, Kent

-Drumkeen Complex, Belfast

-Retail World, Gateshead

-Gloucester

-Hamilton, Scotland

-Harlow, Essex

-Eddington Business Park, Herne Bay, Kent

-Tyne Valley Retail Park, Hexham

-Heath Retail Park, Honiton

-Hove, Brighton & Hove

-Hull

-Leamington Spa

-Ledbury, Herefordshire

-Moor Allerton Centre, Leeds

-Letterkenny, Republic of Ireland

-Lewes, East Sussex

- London - Catford - Beckenham Hill Rd, SE6 3NU

- London - Streatham Vale - Woodgate Drive, SW16 5YP

- London - Hanworth - Twickenham Road, Feltham, TW13 6EZ

-Luton

-South Aylesford Retail Park, Maidstone

-Milton Keynes

-Navan Retail Park, Republic of Ireland

-Newcastle under Lyme, Staffordshire

-Norwich Hall Road

-Norwich Sprowston

-Madford Retail Park, Nottingham

-Oban, Scotland

-Oldbury, West Midlands

-Wyndham Retail Park, Portishead

-Romford, Essex

-Saffron Walden, Essex

-Sleaford, Lincolnshire

-St Albans

-Sudbury, Suffolk

-Wrekin Retail Park, Telford

-Truro, Cornwall

-Tunbridge Wells

-Upton, Wirral

-Waltham Cross, Hertfordshire

-Waterford, Republic of Ireland

-Wolverhampton

-Worcester

Martin Phillp wrote: Fri 22 Nov, 2024 23.24 There's finally a list of Homebase stores for sale with prospective buyers having until Nov 29th.

-Abingdon, Oxfordshire

-Alnwick, Northumberland

-Altrincham Retail Park, Manchester

-Junction One Retail Park, Antrim, Northern Ireland

-Barnstaple, Devon

-Basildon, Essex

-Basingstoke, Hampshire

-Shane Park, Belfast

-Berwick upon Tweed, Northumberland

-Biggleswade, Bedfordshire

-Battery Retail Park, Birmingham

-Bishop Auckland, County Durham

-Bracknell, Berkshire

-Enterprise Five Retail Park, Bradford

-Branksome, Poole

-Bridgend Retail Park, Bridgend, Wales

-Broadstairs, Kent

-Bury St. Edmunds, Suffolk

-The Orbital Retail Centre, Cannock, Staffordshire

-Horsted Retail Park, Chatham, Kent

-Cheltenham

-Greyhound Retail Park, Chester

-Discovery Park, Chichester

-Colchester Stanway, Colchester

-Gallagher Retail Park, Coventry

-Rushmore Retail Park, Craigavon

– Daventry, Northamptonshire

-Wyvern Retail Park, Derby

-Dumfries, Scotland

-Halbeath Retail Park, Dunfermline, Scotland

-Farnham Retail Park, Farnham

-Folkestone, Kent

-Drumkeen Complex, Belfast

-Retail World, Gateshead

-Gloucester

-Hamilton, Scotland

-Harlow, Essex

-Eddington Business Park, Herne Bay, Kent

-Tyne Valley Retail Park, Hexham

-Heath Retail Park, Honiton

-Hove, Brighton & Hove

-Hull

-Leamington Spa

-Ledbury, Herefordshire

-Moor Allerton Centre, Leeds

-Letterkenny, Republic of Ireland

-Lewes, East Sussex

- London - Catford - Beckenham Hill Rd, SE6 3NU

- London - Streatham Vale - Woodgate Drive, SW16 5YP

- London - Hanworth - Twickenham Road, Feltham, TW13 6EZ

-Luton

-South Aylesford Retail Park, Maidstone

-Milton Keynes

-Navan Retail Park, Republic of Ireland

-Newcastle under Lyme, Staffordshire

-Norwich Hall Road

-Norwich Sprowston

-Madford Retail Park, Nottingham

-Oban, Scotland

-Oldbury, West Midlands

-Wyndham Retail Park, Portishead

-Romford, Essex

-Saffron Walden, Essex

-Sleaford, Lincolnshire

-St Albans

-Sudbury, Suffolk

-Wrekin Retail Park, Telford

-Truro, Cornwall

-Tunbridge Wells

-Upton, Wirral

-Waltham Cross, Hertfordshire

-Waterford, Republic of Ireland

-Wolverhampton

-Worcester

I seen that, seems the landlords of a fair few Homebase stores have said no to The Range mind, as 120 or so current stores minus 74 doesn't equal 70.

Looks like The Range is down to 50 or so stores now.

That just stupid of the landlords saying not to some of the deals, I can't see who else will pick up store of that size. its just greed pure and simple, while the public misses out again.

barcode wrote: Sun 24 Nov, 2024 10.30 That just stupid of the landlords saying not to some of the deals, I can't see who else will pick up store of that size. its just greed pure and simple, while the public misses out again.

Certainly risky. I assume Berwick and Alnwick are two of them as they're both on The Range's sites requirements. Alnwick being on Wilko's aswell.

Both would've been ideal but there's not much empty retail space, especially at that size, so guessing the landlord is chancing it for more rent.

barcode wrote: Sun 24 Nov, 2024 10.30 That just stupid of the landlords saying not to some of the deals, I can't see who else will pick up store of that size. its just greed pure and simple, while the public misses out again.

Demand for retail park type units is quite strong still by comparison to most other types of retail.

Almost wondering how long before Asda ends up in here, with the total mess it's ending up under the Issa brothers.

james2001 wrote: Mon 25 Nov, 2024 00.24 Almost wondering how long before Asda ends up in here, with the total mess it's ending up under the Issa brothers.

It does beg the question, are the big four too big to fail? The repercussions of Asda going bust would be seismic for the UK and would lead to areas without proper food provision. Could the other three really expand that fast to pick up the slack?

Metropol

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