May 22, 2017
Replacing the site which was previously home to B&Q in Folkestone, Kent, will be Homebase, who is set to be rebranded as "Bunnings" in the near future.
According to Bunnings, they intend to rapidly expand the brand since they bought-out Homebase back in 2016 for a whopping £340 million along with all of their existing properties.
A spokesperson for Homebase told us, "I can confirm that we will be opening a new Bunnings location in Folkestone very soon. We only recently made our staff aware that in
July, we will be shutting down the existing Homebase and around this time, we expect the doors of our new Bunnings to be open and ready for customers. The site where this new store will be will be where the old B&Q was located."
"Our current staff team at Homebase will be transferred to Bunnings and we will be employing another 40 full-time and part-time employees to join them. We are incredibly excited for this development and can't wait to see how a new UK presence will benefit our business.", they continued.
Both of the Homebase stores which were previously located in St Albans have already been rebranded under the Bunnings name, and there has already been rumours for Bunnings rebranding their Hemel Hempstead and Milton Keynes locations before the end of June as well.
Bunnings have openly stated their intentions to rebrand as many as 10 of their locations throughout this rest of the year. Managing Director, PJ Davis, has told that they intend to continue expanding and that they acknowledge over recent years that their brand has been slowly shrinking, but they're looking to counter this.