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In January 2023, Home Bargains announced that the company had purchased rival discount retailer Quality Save for an undisclosed amount. The purchase came after Quality Save reported it had made a loss of more than £64,000 for the 12 months, compared to a prior £1.3m profit the year before despite having an increase of £3.7 million turnover ...
TJ Morris was the main owner of the discount chain Quality Save when they acquired it in January 2023, they rebranded their stores to Home Bargains, with it finishing on 1 April 2024. [ 3 ] References
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Morris started the Liverpool-based discount retail chain Home Bargains in 1976 in Old Swan, [6] when he was 21 years old. The chain, during the time originally named "Home and Bargain" retails a diverse range of goods, including health and beauty products, groceries and toys. The stock is often bought at discount from brands trying to offload ...
On 26th January 2023, Quality Save was sold to TJ Morris, owner of Home Bargains, with all stores to rebrand to the Home Bargains brand. Later in August 2023, TJ Morris would contact the stores of Stalybridge, Atherton, Chorley and Darwen, notifying them that their store would close down for good. These closures were completed by October 2023.