skip to main content
Find Insight DIY on
* * *


Home Retail in talks with Habitat

Home Retail Group has held talks with Habitat owner Hilco about selling Habitat-branded items within Homebase stores, according to reports.

Retail Week has reported that HRG chief executive Terry Duddy has held discussions with Hilco boss Paul McGowan, but says talks have currently been put on hold.

Items discussed include tins of Habitat-branded paint, but not the sale of the entire business, the report added.

Habitat was sold to Hilco at the end of 2009 by IKEA owners ICAF, and reported losses of almost €40m during 2009/10.

Home Retail Group, who wouldn't comment on the reported talks, is due to release its interim management statement on Thursday.

Source : DIY

06 June 2011
view more UK DIY News

Insight provides a host of information I need on many of our company’s largest customers. I use this information regularly with my team, both at a local level as well as with our other international operations. It’s extremely useful when sharing market intelligence information with our corporate office.

Paul Boyce - European CEO, QEP Ltd.

Don't miss out on all the latest, breaking news from the DIY industry