15/08/2018
It is sad news that this Homebase store is closing.
News: The Homebase in Southend is set to close, as part of a restructuring plan for the struggling brand.
The Homebase store, in the London Road retail park in Southend, is one of 42 stores set to close.
The company is thought to be in dire a financial situation, facing "an extremely challenging retail trading environment reflecting weak consumer confidence and reduced consumer spending. High rental costs of stores are unsustainable and many stores are loss making."
These factors are said to have had a significant adverse impact on Homebase’s trading position.
The Southend store will close by the end of 2018, with all staff at the store being made redundant.
Will you miss Homebase?