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Habitat set for radical change

Friday 24th June 2011
Argos and Homebase owner Home Retail Group is said to be talks to buy the Habitat brand for between £20-30million from private equity group Hilco.

It is reported that all UK Habitat stores outside London will stop trading as part of the deal.

These 30 stores will either be sold or put into administration.

Habitat was established almost 50 years ago by designer Sir Terence Conran.

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Mike Jones

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Added by Marden on 2011-07-04 04:10:38

I can't beilvee I've been going for years without knowing that.
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