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Hygena is a dormant brand of fitted kitchen and furniture in the United Kingdom.. Started in Liverpool in 1925 to make Hoosier cabinets, it was bought by new investors in 1938, who after the war built modular kitchens for the new British post-war temporary prefab houses.
The Schreiber brand was owned by Sainsbury's and its products were sold in the United Kingdom through Argos stores and the Argos website. Following the 2016 sale of Homebase to Wesfarmers, all Schreiber branding was removed from both the Homebase stores and the Homebase website in mid-2017 when the agreement with Home Retail Group expired.
On December 5, 2000, after several dramatically unprofitable years, it announced that 67 stores would be converted to a home decorating superstore chain, House2Home, and the remainder closed. House2Home would fare no better, filing for Chapter 11 bankruptcy on November 7, 2001, and ceasing operations by early 2002 after 19 years of service.
Habitat (a trading name of Argos Limited) is a brand of household furnishings in the United Kingdom and the main homewares brand within the Sainsbury's group.. Founded in 1964 by Sir Terence Conran, it merged with a number of other retailers in the 1980s to create Storehouse plc, before the latter sold Habitat to the Ikano Group, owned by the Kamprad family, in 1992.
Under the terms of the agreement with Sainsbury's to acquire Home Retail Group, for each Home Retail Group share, shareholders received 0.321 new Sainsbury’s shares and 55p per share. As a result of the sale of Homebase, they also received 25p per share, plus the year's dividend as a final dividend payment. [22]
In December 2000, Kingfisher plc acquired 28 development sites, intended to house future shops of rival chain Homebase from Sainsbury's, who sold the chain. [16] The development sites instead housed shops of B&Q. In August 2001, B&Q opened its first shop in Shanghai, when it hoped to increase outlets from four to 58 by 2005. [17] [18]
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 converted the remaining stores to the Homebase brand. [4] The conversion to Homebase was completed in 1999, when the Texas Homecare brand was discontinued. [5]
Sainsbury's sold the Homebase chain in December 2000, in a twofold deal worth £969 million. Sales of the stores to Schroder Ventures generated £750 million and sale of 28 development sites, which had been earmarked for future Homebase shops, were sold for £219 million to rival B&Q's parent company, Kingfisher plc. [32]
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