Homebase may close up to 40 storespublished at 12:51 Greenwich Mean Time 5 February 2018
BBC Business News
Up to 40 Homebase stores could be closed across the country putting up to 2,000 jobs at risk.
Wesfarmers paid £340m for the DIY chain in early 2016 and has been rebranding the stores under the Bunnings name.
It operates more than 20 stores in the region, across the West Midlands, Staffordshire, Worcestershire, Herefordshire, Shropshire and Warwickshire.
But after a "disappointing" performance the Australian firm has put Homebase under review and expects it to lose £97m in the first half of 2018.
Between 20 and 40 of its stores are performing so poorly that they might have to be closed altogether, it said.