Sainsbury’s to buy 10 Homebase stores and convert them into big supermarkets

Homebase workers at risk of redundancy will be guaranteed an interview, Sainsbury’s said. Photograph: British Retail Photography/Alamy

Sainsbury’s has said it will invest £130m in buying 10 stores from Homebase and converting them into big supermarkets in the retailer’s biggest expansion in more than a decade.

The deal marks the changing fortunes of two big British retail brands as questions are raised over the future of the DIY chain.