Sudbury mayor welcomes new B&M but fears Homebase closure

Signage for the bargain retailer has appeared on the front of the former B&Q at Sudbury's Woodhall Business Park. 

The signs read: "Your new B&M store is coming soon. We can't wait to meet you." 

Signs for the new B&M on the former B&Q building (Image: Newsquest)Alison Owen, mayor of Sudbury, said the news is a "vote of confidence" for the town, local economy and residents.

"It’s proof, if anyone needs it, that Sudbury is a place to invest in and to build businesses. It’s a great town with a highly motivated workforce," she said.

"This is very good news for everyone in the town, and especially our young people.

"It’s also a much-needed boost for Sudbury at a time when so many jobs at the Homebase store appear to be hanging in the balance." 

Alison Owen (Image: Sudbury Town Council) On Wednesday it was revealed that DIY retailer Homebase, which lost £84.2million last year, has now been sold to retail group CDS, which owns The Range.

The rescue deal secured up to 1,600 jobs and 70 stores, but the future for 2,000 workers and 49 shops is still unclear.

Ms Owen said: "If the Homebase store does close it will be a terrible blow to all those who work there and to all those who depend on them.

"My heart goes out to everyone who works there who must be living in dread that their job may go.

Sudbury Homebase store (Image: Google maps) "I understand that there may be a buyer willing to take on many of the Homebase sites. If that’s true let’s hope that they see the same potential here that B&M have seen.

"What’s important now is that the owners and potential buyers treat our people with respect and decency.

"I urge all parties to work for a speedy resolution, to be as open as possible and to keep in mind that they are dealing with the livelihoods and futures of so many individuals and families," she added.