Newark Homebase to close and become Sainsbury’s as part of handover deal

Daniel DeFalco
By Daniel DeFalco

Senior Reporter

Published 3rd Sep 2024, 16:12 BST
The Homebase at Newark's Northgate Retail Park is to be converted into a Sainsbury's The Homebase at Newark's Northgate Retail Park is to be converted into a Sainsbury's
The Homebase at Newark's Northgate Retail Park is to be converted into a Sainsbury's | Lukas Kristofik
It’s one of 10 Homebase stores nationwide to be purchased by the major supermarket

A Nottinghamshire Homebase store is to close and become a Sainsbury’s as part of a multimillion-pound handover deal. 

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The store, at the Northgate Retail Park in Newark, will be one of 10 purchased by Sainsbury’s and converted into a supermarket at the end of the month. 

The deal is anticipated to create around 1,000 jobs. 

The addition of new locations means nearly 400,000 more people will be within a 10-minute drive of a Sainsbury’s supermarket.

Other Homebase stores include Lowestoft, Bromsgrove and Cromer.

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Sainsbury’s aims to complete the conversion of all sites by the end of 2025.

Simon Roberts, Chief Executive Officer, J Sainsbury plc said: “Sainsbury’s food business continues to go from strength to strength as we push ahead with our Next Level Sainsbury’s plan. 

Sainsbury's is to purchase 10 Homebase stores across the UKSainsbury's is to purchase 10 Homebase stores across the UK
Sainsbury's is to purchase 10 Homebase stores across the UK | AFP via Getty Images

“We have the best combination of value and quality in the market and that’s winning us customers from all our key competitors and driving consistent growth in volume market share.

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“We want to build on this momentum which is why we are growing our supermarket footprint.

Our ambition is to be customers’ first choice for food and these new stores will showcase some of the best that Sainsbury’s supermarkets have to offer to even more communities around the country.”

Related topics:Nottinghamshire

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