Yes, it is. One near me closed down, and was demolished along with the adjoining shops. The whole block was rebuilt - now includes a nice shiny Lidl - and lo and behold, a Homebase appeared in the precise spot where it died before. I never went in there much. It used to be quite good when Sainsburys owned it, albeit on the expensive side, but at least it was well stocked with proper DIY stuff. But with the changes of ownership it lost its way.