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
4,548.27
16:29 28/11/24
-0.06%
-2.87
FTSE 100
8,278.25
16:34 28/11/24
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FTSE 350
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16:30 28/11/24
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General Retailers
4,720.72
16:35 28/11/24
-0.55%
-26.32
Kingfisher
250.40p
16:35 28/11/24
0.64%
1.60p
Marks & Spencer Group
383.90p
16:35 28/11/24
-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