Texas Homecare was established in 1972 by Manny Fogel, who had previously founded the high street specialist paint and wallpaper chain Home Charm. Taking his lead from America, he revolutionised the UK DIY market, with the introduction of the 'DIY shed' style outlet.
Texas specialised in higher volume, lower margin DIY products. In its final six months of trading, profits for Texas fell by 17% (£2m on sales of £182m). The company had been adversely affected by a recession and depressed housing market.
With its acquisition, Homebase hoped to hold around 10% of the total DIY market in the UK. In May 1995 it was announced that only 26 Texas stores were to close, with limited redundancies. Sainsbury's found that full conversion to the Homebase format was an investment worth making and allowed £50 million for the task.
In 1999, J Sainsbury plc bought the Hampden Group plc, the franchisee of 7 Texas stores in Northern Ireland and 3 in the the
Republic of Ireland, which were the last Texas stores to be converted into Homebase stores.
In its early years Texas was famous for its TV advertising sign-off: 'Texas - THE BIG ONE!' In later years Texas used a fictional character called 'Texas Tom' in its advertising.
During the early 1990s, this campaign was altered slightly to refer to Tom's place: "Only at Tom's place!"
Homebase is a British home improvement store and garden centre, with 350 stores across the United Kingdom and the
Republic of Ireland. It is well known by its green and orange colour scheme. Together with its sister company Argos (with 750 stores), it forms part of the larger Home Retail Group.
J. Sainsbury plc is the parent company of Sainsbury's Supermarkets Ltd, commonly known as Sainsbury's (also Sainsbury and JS), the third largest chain of supermarkets in the United Kingdom with a share of the UK supermarket sector of 16.3%. The group also has interests in property and banking.
Did you know?
Texas Tom is also a 1950 one-reel animated cartoon and is the 49th Tom and Jerry short directed by William Hanna and Joseph Barbera and produced by Fred Quimby. It was animated by Kenneth Muse, Ray Patterson, Irven Spence and Ed Barge and released to theatres on March 11, 1950.