Homebase losses at year’s end

Homebase, the British DIY chain, had sales losses of 4.5 per cent in the four months from 2 September 2012 to 5 January 2013 in comparison with the same period one year previously. The chain, which is part of the Home Retail Group, recorded sales of £ 453 mio altogether during this period. Like-for-like sales fell by 3.9 per cent. The network of stores now comes to 337, following three closures since September.