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Wesfarmers’ administration was not a hit, which had included an attempt to rebrand the enterprise beneath its Bunnings Warehouse identify, and in August 2018, the enterprise was offered to restructuring firm Hilco for Â£1. Subsequently, Hilco announced that it would shut 42 stores of Homebase, and lower 1,500 jobs via a company voluntary arrangement , in an try and get the chain again to profitability.
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