Home Bargains

Infobox_Company
company_name = HomeBargains
company_type = Private limited company
company_
company_slogan = "Top Brands - Bottom Prices"
foundation = Old Swan, Liverpool, England (1976)
founder = Tom Morris
location = Liverpool, England
locations = 140
key_people = Tom Morris (Founder), Graeme McLoughlin (Finance Director)
revenue = increase£273 million (2006)
operating_income = increase£20.3 million (2006)
net_income =
num_employees = 4000
owner = TJ Morris
industry = Retail
products = Grocery, General merchandise
homepage = [http://www.tjmorris.co.uk/ www.tjmorris.co.uk]

HomeBargains is a chain of discount stores operating in Northern England and the Midlands, founded by Tom Morris in Liverpool, England approximately 30 years ago. It is part of the TJ Morris chain, whom also have stores under the names of Halfpriceorless and Branded Bargains.

History

The chain was founded by Tom Morris approximately 30 years ago when he opened his first store in Old Swan, Liverpool. Which has now shut in 20/09/08 after over 30 years of business. Tom comes from a retailing family that had run shops for over two generations. The original Liverpool stores were called 'Home & Bargain' but the name was changed in the late 1990s, although customers still locally refer to it by its old name. Their head office is in Liverpool.

tores

Home Bargains stores have red and sky blue branding. They can usually be found in major shopping streets as well as in shopping centres and arcades. Although most are centrally located several are in out-of-town retail parks.

Stores range from small to medium outlets, with the retail park outlets being slightly larger. Most stores have a one way system, with shoppers going in one door an exiting via another.

Growth

The retailer has been given approval to construct new headquarters in Merseyside, which it estimates will create 700 jobs at the Axis business park, Croxteth, as it builds a 10-storey distribution centre and retail training facility. The approval means the chain can expand by a further 360 stores across the country to reach a turnover of up to £1 billion. [http://www.liverpooldailypost.co.uk/liverpool-news/regional-news/2008/01/16/home-bargains-expansion-will-create-700-new-jobs-64375-20354880/ Home Bargains expansion will create 700 new jobs] Liverpool Daily Post, 16 January 2008] The chain aims to have 500 stores within 10 years with employee numbers exceeding 10,000. [ [http://www.housewareslive.net/news/news.asp?id=4585&title=Home+Bargains+moves+into+new+areas Home Bargains moves into new areas] housewars live.net, 9 July 2007]

In Summer 2008, the retailer accquired a number of former Kwik Save stores which had lied empty since that retailer had gone into administration in 2006, further expanding the Home Bargains chain. These stores included one in Bangor, Gwynedd, North Wales.

References

External links

* [http://www.tjmorris.co.uk TJ Morris Ltd Home Page]
* [http://www.homebargains.co.uk/ Home Bargains Home Page]
* [http://www.halfpriceorless.co.uk/ Half Price or Less home page]
* [http://www.ciao.co.uk/Home_Bargains_Shop__5308765 Home Bargains reviews]