These shops will continue to trade while Teneo looks for a buyer and there will be no immediate redundancies. Along with up to 70 stores and the Homebase name, The Range owner CDS Superstores has also bought the intellectual property. The Homebase brand will continue online and the physical shops will become The Range stores....
Category: Shopping
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Store closures alert: Homebase on brink of collapse as 130 shops at risk of shutting down
Homebase is in the process of “preparing to appoint administrators” with 130 stores likely to be at risk of closure. Britain’s high streets have been decimated by a wave of store closures in recent years with the DIY retailer being among the many businesses to shut down locations. It is understood the popular DIY and...
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Map shows full list of 25 Central Co-Op stores being taken over
A multitude of Central Co-op stores will soon be taken over (Picture: Co-Op) More than a dozen Central Co-Op branches will shut their doors soon to make way for new businesses. Over the next few months, 19 food stores and six funeral homes will be taken over due to ‘financial unsustainability’. A Central Co-Op spokesperson...
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When Black Friday 2024 is, and the best UK deals to look out for
Retailers and shoppers alike are gearing up for what has become one of the biggest dates in the consumer calendar – Black Friday. The late November deal frenzy is the perfect opportunity for many consumers to make the most of cut-price offers and provides a boost to retailers profits in the run-up to Christmas. Although...
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Map shows full list of WHSmith stores closing down in 2024
The shop is a British high street classic (Picture: Maureen McLean/REX/Shutterstock) WHSmith has announced it will be closing the doors of multiple shops before the end of the year in the latest blow to high street stores. Branches have already been closed in Scotland, Kent, Manchester, with more projected to follow. The stationery store previously announced plans...
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Aldi’s Expansion 11 New UK Stores by Christmas
Aldi is set to open 11 new stores in the UK before Christmas, enhancing accessibility to its offerings. New stores in Sedgley and Castle Douglas are among the first to open this week as part of Aldi’s expansion strategy. The grocer’s investment of £800 million aims to reach a target of 1,500 UK stores. Refurbishments...
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Lidl Plans UK Expansion with New Stores
Lidl is significantly expanding its UK presence with plans to open 10 new stores before Christmas. The move involves a £70m sale and leaseback deal, including 12 new store locations. Key locations for the new openings include Bristol, Devon, and Birmingham. Additional store openings are set for London, enhancing urban accessibility. Lidl is also focused...
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This charity shop can’t tell the difference between door knobs and sex toys
The ‘his and hers’ butt plugs were on display for a great bargain (Picture: BNPS) A charity shop worker was left red-faced after she was told two door knobs she was selling were in fact a pair of sex toys. The ‘his and hers’ butt plugs were a bargain on the shelves for only £2...
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TikTok Shop’s Transformation of UK Ecommerce
TikTok Shop is revolutionising the UK ecommerce landscape through social commerce. The platform utilises its creator community to merge entertainment with shopping. UK brands, notably in the beauty sector, are thriving via TikTok Shop. Live and interactive shopping events are set to drive future growth. TikTok Shop’s virality extends influence beyond digital realms. TikTok Shop...
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Tax-free UK shopping can help more than just tourists
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Investors do not remember the UK’s disastrous ‘mini’ Budget of 2022 with much fondness. But former prime minister Liz Truss’s proposed abolition of the country’s “tourist tax” is one swiftly-ditched policy that spurs a sense...
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It’s official: a massive new UNIQLO is coming to Liverpool
With its reliable basics, cool collabs and viral bags, UNIQLO has firmly cemented itself as a high-street fashion giant here in the UK. But although you might see its crossbody bag literally everywhere, there are actually only 19 UNIQLO outlets across the whole country, 16 of which are in London. It’s quickly expanding though. The Japanese...
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Full list of stores closing in November 2024 – including Homebase, M&S and Co-op
Multiple high street staples are shutting down in November (Pictures: Getty/Rex) Several more of Britain’s favourite high street shops will close their doors for good this month. The once-thriving British high streets have been struggling with the dawn of online shopping, rising costs and the coronavirus pandemic. In September, it was revealed 6,945 shops closed in the first...