UK DIY News
Scunthorpe Homebase to Close
Homebase has confirmed that it is to close its Scunthorpe store early next year.
Staff at the Lakeside Retail Park store have been told it will close on the 7th January 2019.
The Scunthorpe store was not one of the 42 earmarked for closure in Homebase's 14th August announcement.
At the end of August, over 95% of Homebase creditors voted in favour of a proposed Company Voluntary Agreement, in a bid to save the company. The former owner, Australia's Wesfarmers, said that the investment in Homebase had been disappointing, and sold the business to investment company Hilco in June of this year.
Nic Dakin, Scunthorpe MP, told local press: "This is clearly disappointing to local people but it is part of a programme of closures that Homebase seem to be carrying out across the country and is down to a lower level of shopping on the High Street.
"These are difficult times. It is important that we back local shops."
Homebase recently confirmed that its Bath store is to close. Again, this branch was not on the list of intended closures.
Source : Insight DIY Team
Insight DIY is the only source of market information that I need and they always have the latest news before anyone else.