Argos And Homebase Owner 'To Buy Habitat'

Sky City editor Mark Kleinman has exclusively revealed home furnishings firm Habitat could be sold.

Home Retail Group, the owners of the Argos and Homebase retail chains, is in talks to buy the firm.

Habitat has 71 stores worldwide, including 35 in the UK, 26 in France, five in Spain and five in Germany, employing 2,100 staff.

Sir Terence Conran founded the company in London in 1964, opening his own store to market his Summa range of furniture.

The first Habitat store was opened in Fulham Road in Chelse by Conran, his then wife Caroline and the model Pagan Taylor.

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