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Bunnings understood to be reviewing Homebase estate

Homebase Bicester 725 x 500

Retail Week has reported that Bunnings has appointed two property consultancy firms to evaluate the Homebase store portfolio.

It is understood that the company has not ruled out closing stores or opening new ones.

PJ Davis, MD of Bunnings UK & Ireland, told the publication that it is evaluating a large number of property opportunities, but confirmed that no decisions have been made relating to new store openings or potential closures.

We will report more details as we receive them. 

Source : Insight DIY

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16 February 2017

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