First shop in £130m investment to open next summer as questions raised over DIY chain’s futureSainsbury’s has said it will invest £130m in buying 10 stores from Homebase and converting them into big supermarkets in the retailer’s biggest expansion in more than a decade.The deal marks the changing fortunes of two big British retail brands as questions are raised over the future of the DIY chain.Birmingham Sutton ColdfieldBromsgroveCromerDerryFarehamInverurieLowestoftNewarkOmaghRugby Continue reading…
Source link : https://www.theguardian.com/business/article/2024/aug/29/sainsburys-buy-homebase-stores-convert-supermarkets
Author : Sarah Butler
Publish date : 2024-08-29 17:05:05
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Sainsbury’s to buy 10 Homebase stores and convert them into big supermarkets
