Iain Gilbert Sharecast News
28 Nov, 2024 12:47 28 Nov, 2024 12:57

Kingfisher and M&S express interest in Homebase sites - report

dl kingfisher b and q bq bq diy hardware
B&QSharecast photo / Josh White

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

4,545.37

15:29 28/11/24
-0.13%
-5.77

FTSE 100

8,277.62

15:30 28/11/24
n/a
n/a

FTSE 350

4,564.43

15:30 28/11/24
n/a
n/a

FTSE All-Share

4,519.66

15:30 28/11/24
n/a
n/a

General Retailers

4,738.27

15:28 28/11/24
-0.18%
-8.77

Kingfisher

251.00p

15:29 28/11/24
0.88%
2.20p

Marks & Spencer Group

384.40p

15:29 28/11/24
0.03%
0.10p

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

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