Home Retail Home Retail signs agreement for properties

    Home Retail signs agreement for properties

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    Britain’s biggest household goods retailer, Home Retail, entered into an agreement with to purchase 27 leasehold properties for 40 million pounds ($81.7 million) in cash, which will be fitted out under the Homebase brand, media reports said.

    The move will involve a capital investment of around 30 million pounds, Home Retail said in a statement.

    The sales turnover of Home Retail in the last financial year was 5.8 billion pounds.