"This week Homebase was sold to CDS in a rescue deal securing up to 1,600 jobs and 70 stores. But the future of 49 shops with 2,000 workers is currently uncertain after these stores were not included in the negotiations."
"Damian McGloughlin, chief executive of Homebase, said the last three years had been incredibly challenging for DIY stores, blaming a decline in consumer confidence and spending after the pandemic."
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