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Homebase history
Homebase company history timeline
In May 2014, Homebase launched the Homebase Design Centres.
In April 2015, former Tesco executive Echo Lu succeeded Paul Loft as Managing Director.
Wesfarmers announced in June 2016 that it had cancelled the plans by Home Retail Group to close seven stores, and would seek to prevent the closure of eleven others.
An additional three were planned to be opened by June 2017, with up to six more completed by the end of the year.
Hilco took ownership of the business on 12 June 2018.
Homebase secured a £95 million asset lending contract with Wells Fargo Capital Finance on 26 November 2018.
The stores identified for closure in the CVA were planned to close by the beginning of 2019.
In February 2020, it was announced that Homebase had returned to profit earlier than initially forecast, with nearly all of its 164 locations profitable.
Hilco put Homebase back up for sale in November 2020.
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Zippia gives an in-depth look into the details of Homebase, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Homebase. The employee data is based on information from people who have self-reported their past or current employments at Homebase. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Homebase. The data presented on this page does not represent the view of Homebase and its employees or that of Zippia.
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