Homebase, KFC, Domino’s: Everything that matters this morning

Homebase rebrand causes parent company’s profits to slide by 86.6%
The “rapid repositioning” of Homebase has hit its Australian parent company Wesfarmer, which suffered an 86.6% drop in profits during the second half of 2017.
The cost of rebranding the UK DIY business under the Bunnings brand, a popular chain in Wesfarmer’s domestic market, caused the Aussie conglomerate’s profits to fall by $931m (Australian dollars).
According to Wesfarmer 40 Homebase stores could