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The company was seeking reductions in the overall rateable value of its store portfolio by £5.7 million following a 2023 revaluation of its annual business rates bill.
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.
The group primarily comprised two retailers: Argos and Homebase, as well as in-house brands such as Chad Valley and Habitat. In April 2007, the group bought a stake in the Irish 'Home Store + More' chain and established its UK business, closing this in 2012 and selling their stake in 2013. [1] In February 2016.
Bebe announced plans to close all stores and focus solely on online sales. At its peak, Bebe operated a total of 312 stores, but by March 2017, this was down to 172. [39] Bed Bath & Beyond announced in April 2019 that it would close 40 stores and also open 15 new stores that year. The company continued to struggle through the retail apocalypse ...
The DIY retail chain employs over 6,000 staff in the UK
Major retailers are closing stores in 2025: Here's what you ...
It then introduced 84 Mini Habitat stores within Homebase branches and also begun to offer a selection of Habitat products in 200 Homebase and Argos stores nationwide and on the Argos and Homebase websites. By June 2011, all other Habitat stores in the UK had been closed by Hilco with around 750 employees being made redundant. [16] [17]
Like Sam Ash, Rue21 is also closing all of its stores — 541 of them across the United States. There are 31 Rue21 stores in North Carolina , including one at Triangle Town Center in Raleigh and ...