Toys "Я" Us... Maplins... Prezzo... New Look etc etc... wonder if HomeBase are next to do a CVA and liquidate their debts & losses!
Posted a few comments over the last few months, regarding why are their so many homebase deals and silly in store price reductions to shift stock recently...
Seems they *might* be next for the chopping block if some deep pocketed buyers cannot be found soonish!
news.sky.com/sto…795
Seems they *might* be next for the chopping block if some deep pocketed buyers cannot be found soonish!
news.sky.com/sto…795
They have also recently decided to close many stores , keeping just the most profitable sites - hence lots of clearance sales recently .
Argos were previously owned by the Home Retail Group (along with Habitat). Sainsbury's bought Argos, while Homebase was bought by Wesfarmers to be rebranded as Bunnings. Rather than it being at risk of imminent liquidation, a messy transition period is underway. Financial difficulties however, cannot be ruled out in the medium term.
Theres argos in homebase so I thought they was the same
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I see what you did there
Sold it in 2000
Well they were up to a £25,000,000+ loss last year, so you could be right there!
By charging eight quid for a cup of coffee?
Brilliant!
Think 15 million of the 15 million & 4 shares of the chinese holding company of HOF are worth about 4p and posted another loss as well!
Maybe someone at the Express has seen this discussion thread... they are running a story about the matter Sunday!
express.co.uk/fin…ook
Unlikely...It takes them weeks to decide on a story!
They were owned by Sainsbury many years ago, they were sold off.
Come on, hands up who's ever paid for a cup of coffee in there? This is HUKD. We all get them free with Priority.
Priority? I thought we all kept our cups from Wetherspoons and went back each day for the unlimited refills?
Apparently princess Diana is dead.
Ferrero bought them recently
So they did, 1/4 of a billion turnover, 82 million gross profit and a net profit of 5 million, compared to a 15 million loss last year, we can safely say that they are going nowhere the liquidation plug hole!!