Sainsbury’s to buy 10 Homebase stores and convert them into big supermarkets

Sainsbury’s to buy 10 Homebase stores and convert them into big supermarkets

First shop in £130m investment to open next summer as questions raised over DIY chain’s future

Sainsbury’s has said it will invest £130m in buying 10 stores from Homebase and converting them into big supermarkets in the retailer’s biggest expansion in more than a decade.

The deal marks the changing fortunes of two big British retail brands as questions are raised over the future of the DIY chain.

Birmingham Sutton Coldfield

Bromsgrove

Cromer

Derry

Fareham

Inverurie

Lowestoft

Newark

Omagh

Rugby

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