Australian home-improvement company Wesfarmers purchased the Homebase chain for £340m in 2016, but the business lost more than £600m over two years. Photograph: Getty Images

Homebase plans to close three of its 11 Irish stores as part of a wider plan to close 42 of its 241 stores in Britain and Ireland. It also plans to (...)

The catalogue of errors at Homebase would almost be laughable if it weren’t for the fact that up to 2,000 jobs are now at risk. Photograph: PA Wire

British retailers have a long history of making a hash of overseas expansion, from Tesco’s costly foray into the US with its now defunct Fresh & E(...)