Failed Aussie store that took over Homebase reopens… as a Homebase again


Strewth! Failed Aussie store that took over Homebase reopens… as a Homebase again

City & Finance Reporter for the Daily Mail

Following one of the most disastrous takeovers of recent years, the Aussie DIY store that took over Homebase is about to disappear.

This week, the first Homebase store to be turned in to a Bunnings – in St Albans, Hertfordshire – became a Homebase again.

Bunnings branded goods were auctioned for as little as 50p as new owner Hilco Capital tried to clear the shelves of unwanted stock. 

This week, the first Homebase store to be turned in to a Bunnings ¿ in St Albans, Hertfordshire ¿ became a Homebase again

This week, the first Homebase store to be turned in to a Bunnings ¿ in St Albans, Hertfordshire ¿ became a Homebase again

This week, the first Homebase store to be turned in to a Bunnings ¿ in St Albans, Hertfordshire ¿ became a Homebase again

This week, the first Homebase store to be turned in to a Bunnings ¿ in St Albans, Hertfordshire ¿ became a Homebase again

This week, the first Homebase store to be turned in to a Bunnings – in St Albans, Hertfordshire – became a Homebase again

Bunnings’ owner Wesfarmers failed to crack the British home-improvement market this year, and sold Homebase for £1 – having bought it for £340million two years ago. 

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