53 57 w 53.464333 n 2.89917 w 53.464333 ; 2.89917 home bargains type private limited company industry retail founded old swan liverpool england 1976 founder tom morris headquarters liverpool england number of locations 370 1 area served united kingdom key people tom morris managing director joe morris operations director graeme mcloughlin finance director products grocery general merchandise revenue 1.27 billion 2014 2 operating income 132 million 2014 2 owner tj morris number of employees 16 000 1 website homebargains.co.uk home bargains is a chain of discount stores offering home bargains operating throughout the united kingdom founded by tom morris in liverpool approximately 40 years ago which was then called home and bargain . it is the trading name of tj morris ltd. in late 2013 the company published a record breaking turnover of 1 billion . contents 1 stores 2 staff 3 growth 4 sporting ventures 5 financial performance 6 references 7 external links stores edit home bargains stores have red and blue branding . they can usually be found in major shopping streets as well as in shopping centres and arcades . most are centrally located several are in out of town retail parks . stores range from small to medium outlets with the retail park outlets being slightly larger . most have a one way system with shoppers going in one door and exiting via another . home bargains is also the supplier of similar discount chain quality save . it supplies quality save with all stock shop fittings trolleys and tills . because of this quality save and home bargains are often thought to be the same company . 3 staff edit home bargains employ over 16 000 people from head office staff to warehouse staff and shop staff . 1 growth edit the retailer has been given approval to construct new headquarters in merseyside which it estimates will create 700 jobs at the axis business park croxteth as it builds a 10 storey distribution centre and retail training facility . 4 the chain aims to have 500 stores within 10 years with employee numbers exceeding 10 000 . 5 the retailer wants to expand to other parts of the uk in the future but morris added we want to grow slowly at a rate which is controllable . we don t want to over expand . 6 in august 2007 two stores in south wales were opened in barry and caerphilly these had been acquired from netto which abandoned its plans to expand into the region . 7 home bargains further grew their presence in south wales by taking over stores from buyology all of these were originally hypervalue stores . in summer 2008 the retailer acquired a number of former kwik save stores which had laid empty since that retailer had gone into administration in 2006 further expanding the home bargains chain . these stores included skelmersdale bangor rhyl and ebbw vale . the retailer announced in october 2008 that preparations are underway to expand into scotland for the first time opening their first store in rutherglen in december 2008 . there are plans to invest more than 10m in its first group of stores and by march 2009 the company aims to have six stores within the glasgow area employing more than 200 people . 8 in 2009 the retailer acquired 14 former woolworths stores from the failed woolworths group chain . these stores include cardiff and port talbot in south wales . in fife scotland two former woolworths stores have been opened in shopping centres in glenrothes and kirkcaldy . by 2015 the firm aims to be turning over 1bn a year and have grown the number of its stores to 350 with the potential for 600 across the uk . 9 in february 2010 the company s 25 million northern ireland expansion plan was announced . 10 in august 2011 home bargains opened a website to enable customers to shop with them online . 11 in june 2013 the first home bargains store in cornwall opened at truro . 12 the company s latest store opened on 23rd april 2016 in the knaves beech retail park loudwater high wycombe sporting ventures edit as of the 2013 14 football league season home bargains have featured on the front of now conference premier side tranmere rovers . financial performance edit this section needs to be updated . please update this article to reflect recent events or newly available information . march 2014 the retailer has seen strong sales growth over the past few years with turnover more than doubling in a 4 year period 2006 to 2010 . 13 14 year ending turnover m trading profit m retained profit m 30 june 2010 13 590 46.6 30 june 2009 15 484 43.5 30 june 2008 6 383 34.7 30 june 2007 322 30.2 30 june 2006 14 273 20.3 references edit a b c about us . tj morris ltd. march 2011 . retrieved 20 october 2015 . a b home bargains turnover up 23 % . ft.com . 14 october 2013 . retrieved 9 january 2014 . why i would like to rebrand discount store home bargains . mighty mags . home bargains expansion will create 700 new jobs liverpool daily post 16 january 2008 home bargains moves into new areas housewars live.net 9 july 2007 a b home bargains cashes in on downturn as profits surge . retail week . 18 september 2008 . retrieved 2008 10 25 . netto home bargains moves into scotland as business continues to boom . liverpool daily post . 22 october 2008 . retrieved 2008 11 29 . home bargains to take over 14 former woolworths stores . home bargains unveils 25m northern ireland expansion plan liverpool daily post 12 february 2010 tj morris launches e commerce website . 50 new jobs in truro as home bargains opens its first cornish store . retrieved 6 february 2014 . a b home bargains turnover up 23 % . place north west . 1 october 2010 . retrieved 31 december 2010 . a b home bargains moves into new areas . housewares live . 9 july 2007 . retrieved 2008 10 25 . home bargains search for new space to take its portfolio of stores from 200 to 350 within four years . property week . 11 september 2009 . retrieved 31 december 2010 . external links edit official website v t e supermarkets in the united kingdom big four asda morrisons sainsbury s tesco convenience bargain booze best one budgens the co operative food costcutter happy shopper jones convenience stores londis mace mccoll s nisa premier stores spar discount 99p stores aldi b & m home bargains kwik save lidl poundland poundstretcher poundworld quality save frozen specialists farmfoods heron foods iceland fulton s foods online ocado premium marks & spencer waitrose whole foods market regional booths dunnes stores filco planet organic shoprite isle of man category v t e variety stores asia 100 yen shop japan daiso china hong kong japan macau malaysia philippines singapore taiwan thailand living plaza by aeon hong kong watashi to seikatsu hong kong europe 99p stores uk action netherlands b & m uk bargain buys uk coop city switzerland el corte ingl s spain dealz ireland eurogiant ireland euroland netherlands flying tiger copenhagen denmark hema netherlands home bargains uk karstadt germany manor switzerland migros switzerland monoprix france poundgiant uk poundland uk poundstretcher uk poundworld uk quality save uk upim italy zeeman netherlands north america 99 cents only stores us big lots us a buck or two canada casa ley mexico daiso canada us deals us dollar general us dollar tree us dollar tree canada canada dollarama canada family dollar us five below us fred s us great canadian dollar store canada hart stores canada k dollar us ollie s bargain outlet us ocean state job lot us rossy canada waldo s dollar mart mexico your dollar store with more canada oceania abc stores guam daiso australia crazy clark s australia defunct the reject shop australia retrieved from https en.wikipedia.org w index.php title home bargains & oldid 723895687 categories 1976 establishments in the united kingdomcompanies based in liverpoolretail companies established in 1976retail companies of the united kingdomvariety storesdiscount stores of the united kingdomhidden categories coordinates not on wikidatapages using infobox company with 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