Will King’s Lynn Homebase store close?

Homebase and Next Stores Hardwick Estate King's Lynn ANL-141205-142319001
Homebase and Next Stores Hardwick Estate King's Lynn ANL-141205-142319001
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Staff at Lynn’s Homebase are waiting to find out if it will be closed under head office plans to cull a quarter of the chain’s stores.

Home Retail Group, which owns the chain, is planning the closures across its network of 323 stores by 2019.

It plans to sell the 80 or so affected stores to other retailers and hopes to convince them to retain staff or to redeploy staff within its own business. The firm also owns Argos.

A statement from the company said: “Home Retail Group has announced a three-year plan for Homebase to revitalise the business for the future.

“Part of the plan will be to right-size the store estate through scheduled lease expiries and a series of sales to other retailers.

“Once they are identified, our colleagues will be the first to be informed about any of the affected stores and where possible we will redeploy colleagues to other stores within the group or encourage retailers buying our leases to offer roles within their businesses locally.

“These changes are necessary to make Homebase a stronger business for the future.”

The firm would not comment on whether the store in Lynn is likely to be affected.

Seven stores have already been closed this year and the firm plans to close another 23 before the end of March. As part of the plan to reorganise Homebase, 26 stores have been refitted and Argos and Habitat concessions introduced at some. Lynn was not one of those refitted and does not currently have a concessions area .