Homebase turnover declines in first quarter

Turnover generated by the DIY-superstore chain Homebase, which is owned by the British Home Retail Group (HRG), Milton Keynes, declined year on year in the first quarter of the 2015/16 financial year (end of February) by 1.6% to £438m (March-May 2014: 445m). The closure of 17 branches resulted in a fall in revenues ...

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