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Homebase
Homebase is a British home improvement retailer and garden centre with stores across the United Kingdom and Republic of Ireland. Founded by Sainsbury's and GB-Inno-BM in 1979, the company was owned by Home Retail Group from October 2006, until it was sold to the Australian conglomerate Wesfarmers in January 2016. Wesfarmers' management was not a success, which had included an attempt to rebrand the business under its Bunnings Warehouse name, and in August 2018, the business was sold to restructuring firm Hilco for £1. Subsequently, Hilco announced that it would close 42 stores of Homebase, and cut 1,500 jobs through a company voluntary arrangement, in an attempt to get the chain back to profitability. By February 2020, Homebase had 164 outlets, and was again profitable. History Homebase was founded by the supermarket chain Sainsbury's and Belgian retailer GB-Inno-BM in 1979, as Sainsbury's Homebase. The goal was to bring a supermarket style layout to the British Do I ...
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Limited Company
In a limited company, the liability of members or subscribers of the company is limited to what they have invested or guaranteed to the company. Limited companies may be limited by Share (finance), shares or by guarantee. In a company limited by shares, the liability of members is limited to the unpaid value of shares. In a company limited by guarantee, the liability of owners is limited to such amount as the owners may undertake to contribute to the assets of the company, in the event of being wound up. The former may be further divided in public companies (public limited company, public limited companies) and private companies (private limited company, private limited companies). Who may become a member of a private limited company is restricted by law and by the company's rules. In contrast, anyone may buy shares in a public limited company. Limited companies can be found in most countries, although the detailed rules governing them vary widely. It is also common for a distinct ...
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Texas Homecare
Texas Homecare was a chain of do it yourself (DIY) stores in the United Kingdom and Ireland. The firm operated from 1972 until 1996, with some stores lasting until 1999. History Texas Homecare was first established in 1972 by Manny, Sydney and Gerald Fogel, who had previously founded the high street specialist paint and wallpaper chain Home Charm. Using an American business model as inspiration, they revolutionised the UK's DIY market. Texas specialised in higher-volume, lower-margin DIY products. However, in the 1980s the company was adversely affected by the recession and depressed housing market, and was acquired first by Ladbrokes and later by J Sainsbury plc, before merging with and being replaced by Homebase. Acquisition Having acquired Texas Homecare in 1986, Ladbrokes sold the business to J Sainsbury in 1995. At the time of the purchase, Texas had more than 11,600 staff, while Homebase had c. 4,500. As part of the acquisition, 26 Texas stores closed and Sainsbury's convert ...
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Experian
Experian is an American–Irish multinational data analytics and consumer credit reporting company. Experian collects and aggregates information on over 1 billion people and businesses including 235 million individual U.S. consumers and more than 25 million U.S. businesses. Based in Dublin, Ireland, the company operates in 37 countries with offices in Brazil, the United Kingdom, and the United States. The company employs approximately 17,000 people and had a reported revenue of US$5.18 billion for the fiscal year ended in March 2020. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index. Experian is a partner in USPS address validation. It is one of the "Big Three" credit-reporting agencies, alongside TransUnion and Equifax. In addition to its credit services, Experian also sells decision analytic and marketing assistance to businesses, including individual fingerprinting and targeting. Its consumer services include online access to credit his ...
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Argos Retail Group
Home Retail Group plc was a home and general merchandise retailer based in the United Kingdom. It was the parent company of Argos and Habitat, and once owned the do it yourself chain Homebase before selling it to the Australian retailer Wesfarmers in February 2016. Home Retail Group was listed on the London Stock Exchange, until it was acquired by the British supermarket company Sainsbury's for £1.4 billion on 2 September 2016. History GUS plc acquired Argos in April 1998, and combined it with its mail order business to form Argos Retail Group (ARG) in June 2000. It went on to acquire Homebase for £900 million in November 2002, bringing it into ARG. In June 2005, GUS bought thirty three stores of Index, which were subsequently converted to the format of Argos. ARG was renamed Home Retail Group, upon its demerger in July 2006 from GUS. Shares in Home Retail Group were traded on the London Stock Exchange as from 11 October 2006. In October 2007, Home Retail Group bought tw ...
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GUS (retailer)
GUS plc was an FTSE 100 retailing, manufacturing and financial conglomerate based in the United Kingdom. GUS was an abbreviation of Great Universal Stores, the company's name before 2001, while it was also known as the ''Glorious Gussies'' amongst stockbrokers. The company started out as Universal Stores, a mail order business created by the Rose family. In 1931, Isaac Wolfson joined the mail order company and would, through a series of takeovers, turn it into a retail, manufacturing and financial conglomerate, becoming Europe's biggest mail order firm and with over 2,700 physical stores. His son, Leonard Wolfson, followed him as chairman, to be succeeded by his nephews David Wolfson (1996–2000) and Victor Barnett (2000–2002). During the 1980s, the business divested much of its physical retail and manufacturing subsidiaries under Leonard Wolfson to concentrate on mail order, property and finance. In October 2006, the company was split into two separate companies: Experian ...
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Homebase And Argos, Moor Allerton District Centre, Leeds (31st December 2014)
Homebase is a British home improvement retailer and garden centre with stores across the United Kingdom and Republic of Ireland. Founded by Sainsbury's and GB-Inno-BM in 1979, the company was owned by Home Retail Group from October 2006, until it was sold to the Australian conglomerate Wesfarmers in January 2016. Wesfarmers' management was not a success, which had included an attempt to rebrand the business under its Bunnings Warehouse name, and in August 2018, the business was sold to restructuring firm Hilco for £1. Subsequently, Hilco announced that it would close 42 stores of Homebase, and cut 1,500 jobs through a company voluntary arrangement, in an attempt to get the chain back to profitability. By February 2020, Homebase had 164 outlets, and was again profitable. History Homebase was founded by the supermarket chain Sainsbury's and Belgian retailer GB-Inno-BM in 1979, as Sainsbury's Homebase. The goal was to bring a supermarket style layout to the British Do It Yours ...
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Focus Do It All
Focus DIY was a privately owned chain of DIY stores in the United Kingdom. It served the consumer DIY market sector, and most stores had some form of garden centre. At its peak in 2002, it was the second-largest DIY retailer in the United Kingdom, although by 2011, it was the fourth. The main competitors were B&Q, Homebase and Wickes. The company operated 178 stores in the United Kingdom with 3,000 employees, but had been running losses every year since 2007. In the year up to 2011, the company had a loss of £25 million.Ernst & Young. Administrators' Statement of Proposal. 24 June 2011 On 4 May 2011, the Focus Group announced that it was going to enter administration; the following group companies went into administration: Focus (DIY) Limited, Focus (Investments) Limited, Payless DIY Limited, Payless Properties Limited, Do It All Limited and Do It All (Holdings) Limited. The company entered administration on 5 May 2011, with Ernst & Young appointed as administrators. As n ...
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Kingfisher Plc
Kingfisher plc is a British multinational retailing company headquartered in London, England. It has over 1,300 stores in nine countries, and its brands include B&Q, Castorama, Brico Dépôt and Screwfix. Kingfisher is listed on the London Stock Exchange, and is a constituent of the FTSE 100 Index. History The company was founded in 1982 as Paternoster Stores Ltd, to conduct a buyout of the British Woolworths chain. In March 1983, Paternoster changed its name to Woolworth Holdings plc. Woolworths already owned B&Q, and the company expanded through subsequent acquisitions of companies such as Superdrug and Comet. The business acquired Screwfix in July 1999, which is now the United Kingdom's largest multi channel retailer of trade tools, accessories and hardware products. The company was led from January 1984, until his retirement in December 2002, by Sir Geoffrey Mulcahy. Largely through his influence, the company became the major sponsor of British sailor Ellen MacArthu ...
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Schroder Ventures
Permira is a global investment firm. Founded in 1985, the firm advises funds with assets under management of €60+ billion. The Permira funds have made approximately 300 private equity investments in four key sectors: Technology, Consumer, Services and Healthcare. Permira employs over 360 people in 16 offices across North America, Europe and Asia. History Permira was founded in 1985 by Nicholas Ferguson as a number of country-specific separate businesses operating under the Schroder Ventures brand. In 1996, the United Kingdom, French, German and Italian teams joined to create Schroder Ventures Europe and in 1997, this raised its first pan-European fund. In 2001, the firm was renamed Permira. In 2002, Permira expanded into the U.S. with the opening of its New York office. In 2005, Permira launched its first Asia Pacific-based office in Japan. It later opened its Hong Kong office in 2008. In 2006, Permira raised over €10 billion in commitments for its P4 fund, which was, ...
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Home Depot
The Home Depot, Inc., is an American multinational corporation, multinational home improvement retail corporation that sells tools, construction products, appliances, and services, including fuel and transportation rentals. Home Depot is the largest home improvement retailer in the United States. In 2021, the company had 490,600 employees and more than $151 billion in revenue. The company is headquartered in incorporated Cobb County, Georgia, with an Atlanta mailing address. It operates many big-box store, big-box format stores across the United States (including the District of Columbia, Guam, Puerto Rico and the United States Virgin Islands, U.S. Virgin Islands); all 10 provinces of Canada; and all 32 Mexican states and Mexico City. Maintenance, repair, and operations, MRO company Interline Brands (now The Home Depot Pro) is also owned by The Home Depot, with 70 distribution centers across the United States. It has been involved in several controversies, primarily involving t ...
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Great Mills (DIY)
Great Mills was a large DIY chain, consisting of around 98 stores across the United Kingdom. The business was bought by Focus DIY in December 2000 for £285m, which in turn entered administration in May 2011, with all stores closing by the end of July 2011. Most of the former stores of Focus DIY were sold off by the administrators Ernst & Young in batches to B&Q, Wickes and B&M Bargains (B&M Homestore). At its height, Great Mills had approximately 3,500 employees, 90 stores nationwide and over 20,000 products in range. History Originally known as Clapton Building Supplies, the first store was opened at Paulton, Somerset in 1972 by Tony Blackburn, an unwell Dulux Dog and a staff of four. The store had a modest turnover of £50,000 but within six months, the turnover had doubled. In the beginning of the 1990s, Great Mills launched Bay6 (Basics). These stores were identical in size, look and layout to those of rival retailer Wickes. Wickes bought the six Bay6 stores in 199 ...
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Focus DIY
Focus DIY was a privately owned chain of DIY stores in the United Kingdom. It served the consumer DIY market sector, and most stores had some form of garden centre. At its peak in 2002, it was the second-largest DIY retailer in the United Kingdom, although by 2011, it was the fourth. The main competitors were B&Q, Homebase and Wickes. The company operated 178 stores in the United Kingdom with 3,000 employees, but had been running losses every year since 2007. In the year up to 2011, the company had a loss of £25 million.Ernst & Young. Administrators' Statement of Proposal. 24 June 2011 On 4 May 2011, the Focus Group announced that it was going to enter administration; the following group companies went into administration: Focus (DIY) Limited, Focus (Investments) Limited, Payless DIY Limited, Payless Properties Limited, Do It All Limited and Do It All (Holdings) Limited. The company entered administration on 5 May 2011, with Ernst & Young appointed as administrators. A ...
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