Kingfisher and M&S express interest in Homebase sites - report
Marks & Spencer and Kingfisher have reportedly both expressed interest in taking over the sites of several Homebase stores after the DIY retailer fell into administration earlier in November.
Food & Drug Retailers
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15:34 28/11/24
-0.07%
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8,280.09
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FTSE 350
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General Retailers
4,743.53
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Kingfisher
251.20p
15:34 28/11/24
0.96%
2.40p
Marks & Spencer Group
384.70p
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0.10%
0.40p
According to Sky News, M&S and Kingfisher were said to be among a number of retailers vying for Homebase's nearly 50-location-strong estate.
In addition to M&S and B&Q owner Kingfisher, homewares retailer Home Bargains was also said to be in the mix to acquire a number of locations.
Reporting by Iain Gilbert at Sharecast.com