CDS Superstores, the owner of The Range, Wilko and Homebase, reported turnover of £1.714 billion for the 52 weeks to 1 February 2026, up 16.4 per cent, a scale few brands in the UK franchise directory reach through their own estates. The figures follow its purchase of Homebase out of administration and a £190 million credit facility, secured in August, to fund new shops, technology and its supply chain.
The rise of £242 million on the previous year builds on a year in which turnover grew 13.5 per cent to £1.47 billion and the group returned to a pre-tax profit, according to Retail Gazette’s report of 2 November.
The group is owned by retail entrepreneur Chris Dawson and bought the Wilko brand and intellectual property in 2023 and the Homebase brand and website in November 2024, brand acquisitions rather than the licensing route used by most business services franchises. Retail Gazette does not give a profit figure for the latest year in its report.
How Homebase reshaped the estate
CDS took the Homebase brand, website and rights to 53 stores out of administration, according to the 2 November report; its August report put the figure at up to 70 stores at the time of the deal, which it said was expected to preserve as many as 1,600 jobs. Former Homebase units have been converted into larger The Range superstores that also carry Garden Centre by Homebase, Kitchens by Homebase and Bathstore concepts.
In July the group opened a shop at Willowburn Retail Park in Alnwick, in a former Homebase unit, combining The Range, Wilko and a Garden Centre by Homebase, and it has also opened in Upton. Wilko, whose brand CDS bought after the retailer’s collapse, has relaunched its ecommerce operation and continues to open shops under the name, according to the 2 November report.
The £190 million credit facility
In August CDS agreed an asset-based revolving credit facility with Wells Fargo Capital Finance, alongside HSBC and Citi. It is more than double the size of the previous facility and is secured against the group’s inventory. The group said the money would support its store estate, technology, ecommerce, customer experience and national supply chain, with scope to fund seasonal trading.
Where the investment is going
Beyond new sites, CDS has taken its national distribution network in-house and introduced forecasting and replenishment technology from Relex. It has moved The Range’s online marketplace to Mirakl technology, and Mirakl says the marketplace already accounts for almost half of The Range’s online sales.
Retail Gazette also reports an extended fulfilment partnership with THG Fulfil and expanded work with Google Cloud and Amazon Web Services across ecommerce operations.
What the figures cover
Good to know
The turnover figure covers the 52 weeks to 1 February 2026, so it pre-dates this summer’s Alnwick opening and the August financing. CDS owns and runs its shops, so this is a retail network story, not a franchise one.
Further new formats and sites are planned, according to the August report, though no site list or timetable has been published. The group’s filed accounts at Companies House would normally include detailed profit, debt, and estate figures for the year.
