Description
HHGL Limited, trading as Homebase, is a British home improvement retailer and garden centre trading in the United Kingdom and Ireland. Founded by Sainsbury's and GB-Inno-BM in 1979, the company was owned by Home Retail Group from October 2006, until it was sold to the Australian conglomerate Wesfarmers in January 2016.
Wesfarmers' management was not a success, and in August 2018, the business was sold to restructuring firm Hilco for £1. Subsequently, Hilco announced that it would close 42 of the chain's stores, and cut 1,500 jobs through a company voluntary arrangement, in an attempt to return it to profitability. By February 2020, Homebase had 164 outlets, and was again profitable, with Hilco listing the retailer for sale in November 2020.
In November 2024, Homebase collapsed into administration. Norton Group Holdings, owner of The Range and Wilko, acquired the brand and 75 of the 130 stores, to be converted to The Range fascia, with Homebase continuing as an online brand.
