BIG BOX RETAILER IN FLUX AREA HOMEBASE TO SWAP HARDWARE FOR FURNISHINGS.Byline: Jim Skeen Staff Writer LANCASTER - Lancaster's HomeBase store is among 62 the chain will convert from home improvement stores to home furnishings furnishings the extra type or quantity of hair on the head, tail, ears or legs, specified for a particular breed. For example, the feathers in setters, the beard in Bearded collies, the eyebrows in Schnauzers. stores, adding about 50 additional workers, a company spokeswoman said Wednesday. The store will be converted into a House2Home store in early 2001. The store will employ 160 workers, compared with 110 now employed by HomeBase. The Lancaster HomeBase store, located in the Valley Central Shopping Center shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marketplaces—in that the shops are usually amalgamated into , was closed Tuesday. ``The store will reopen re·o·pen tr. & intr.v. re·o·pened, re·o·pen·ing, re·o·pens 1. To open or be opened again: Officials reopened the airport after the snow was cleared. Schools reopen in September. on Friday for a liquidation sale liquidation sale liquid (US) n → Verkauf m wegen Geschäftsaufgabe ,'' said company spokeswoman Michele Feller. ``The sale will take about 11 weeks. After that, the store will close for about nine weeks of construction and will reopen as a House2Home store shortly after that.'' HomeBase employees will be given first shot at the new jobs. A severance package A severance package is pay and benefits an employee receives when they leave employment at a company. In addition to the employee's remaining regular pay, it may include some of the following:
HomeBase announced Tuesday that it was leaving the home improvement market to take on the home decorating business. As part of that move, the company closed 22 stores and plans to convert 62 others into the House2Home format. The company anticipates it will cost about $2.5 million per store for construction and fixtures; $1 million for employee training, advertising and other preopening expenses; $2 million for store inventory; and $4 million in severance costs. The store format change likely does not have any impact on whether the Costco wholesale store will stay at the Valley Central shopping center, a city official said Wednesday. Costco wants to expand its store, but HomeBase would not exempt the store from the shopping center's conditions, covenants and restrictions that would block Costco from opening a gas station as part of the expansion. City officials said HomeBase had asked for large payment to sign off on the restrictions, including $1 million from the city and for new stores in the shopping center to be prohibited pro·hib·it tr.v. pro·hib·it·ed, pro·hib·it·ing, pro·hib·its 1. To forbid by authority: Smoking is prohibited in most theaters. See Synonyms at forbid. 2. from selling furniture, linens, barbecues, housewares house·wares pl.n. Cooking utensils, dishes, and other small articles used in a household, especially in the kitchen. and holiday decorations - all items that House2Home will sell. ``I don't see how a change in their marketing will help us,'' said Stafford Parker, Lancaster's redevelopment agency director. Lancaster has potential sites for Costco to move into, but city officials have not heard what Costco is planning. ``It's up to them as to what they want,'' Parker said. ``They are still mulling mulling (mul´ing), n the final step of mixing dental amalgam; a kneading of the triturated mass to complete the amalgamation. over their options.'' |
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