Homebase issues major update over future of Oldbury store
Homebase issues major update over future of Oldbury store
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Homebase issues major update over future of Oldbury store

Hannah Ahmed 🕒︎ 2025-11-12

Copyright birminghammail

Homebase issues major update over future of Oldbury store

Homebase has issued a big update over the future of its Oldbury store. The chain, which has stores in Birmingham , has announced a brand-new opening in the West Midlands ahead of Christmas . "BIG NEWS, Oldbury!" it said. "We’re growing something exciting… A brand new & exclusive ‘Garden Centres by Homebase’ is opening at Oldbury Green Retail Park next Friday 14th November 2025, in the former Homebase unit! "Discover our fresh Real Christmas Trees, plus all the green-fingered must-haves to keep your garden glowing this season. Find your nearest ‘Garden Centres by Homebase’ here: https://bit.ly/43mDQ2q READ MORE Drivers face new monitoring device in cars under UK pay-per-mile tax "…and keep your eyes peeled for even more exciting Homebase openings coming soon!" Last November, Homebase was sold to retail group CDS in a rescue deal securing up to 1,600 jobs and 70 stores but leaving the future of its remaining 2,000 workers and 49 shops unclear. The DIY retailer appointed administrators at consultancy Teneo before CDS, which owns The Range homeware outlets, bought the majority of its stores out of administration. Teneo said the remaining 49 UK stores will continue to trade as normal while administrators try to find a buyer. CDS, which is owned by retail magnate Chris Dawson, bought the 40-year-old Homebase brand. Damian McGloughlin, chief executive of Homebase, said the last three years had been “incredibly challenging” for DIY stores, blaming “a decline in consumer confidence and spending” after the pandemic. “Against this backdrop, we have taken many and wide-ranging actions to improve trading performance including restructuring the business and seeking fresh investment. “These efforts have not been successful and today we have made the difficult decision to appoint administrators.” Homebase was bought for £1 by investment firm Hilco Capital in 2018, which introduced a swathe of cost-cutting measures in the subsequent years. But the retail chain struggled as customers cut back on spending amid the cost-of-living crisis, and reported an £84.2 million loss last year.

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