All Focus articles – Page 2
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NewsDelay to Focus transfers frustrates Ian Cheshire
Kingfisher boss Ian Cheshire has hit out against competition laws that he says are preventing the DIY group from transferring staff who work at the Focus DIY stores it has acquired.
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NewsB&M Bargains reports strong year
Value chain B&M Bargains pre-tax profit rose from £33m to £35m in the 2010 calendar year as like-for-likes jumped 6%.
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NewsHalfords hit by £7.3m liability following Focus DIY collapse
Halfords has been hit by a £7.3m liability following the collapse of Focus DIY.
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NewsLocations of Focus stores acquired by Wickes and B&M Bargains revealed
Focus DIY administrators Ernst &Young have revealed the locations of all Focus stores purchased from retailers Wickes and B&M Bargains.
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NewsB&Q reveals locations of Focus stores bought from E&Y
B&Q owner Kingfisher has revealed locations of the 31 stores it acquired from the administrators of Focus DIY after it collapsed earlier this month.
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News120 Focus stores to be closed
UPDATED: The administrators of Focus DIY have confirmed the appointment of restructuring firm Gordon Brothers to advise on the sale of all stock with a view to “closing down the chain”.
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NewsFocus stock liquidation to begin next week
DIY group Focus’s administrator Ernst & Young has hired restructuring specialists to begin liquidating stock next week, Retail Week has learned.
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NewsB&M Bargains acquires 11 Focus stores
B&M Bargains has acquired 11 Focus stores after the DIY chain collapsed this month.
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NewsWickes snaps up 13 Focus stores for £8.4m
Wickes has bought 13 Focus DIY stores following the retailer’s collapse into administration earlier this month.
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OpinionHow to spot a retailer in trouble
The news from Focus, the rescue of All Saints and the ongoing battle for survival at HMV highlight the dangers in retail today.
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NewsRestructuring firms and former rivals circle Focus
Collapsed DIY retailer Focus is attracting interest from a string of retailers and restructuring firms for all or part of the business.
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OpinionCheshire’s grinning
The demise of Focus, pancaked under a pile of debt, brings long-expected consolidation in the DIY sector and a big beneficiary will be Kingfisher.
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NewsFocus administrators report “fantastic level of interest" in business
Focus DIY administrators have received a “fantastic level of interest” in the business as it seeks offers for a sale of the retailer.
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Opinion
Focus shows why CVAs are wrong
The collapse of Focus into administration shows why landlords were wrong to back its CVA.
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Opinion
The middle tier is at risk
Big and small retailers: they’re both beautiful. But those with a medium-sized operation could be in trouble.
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NewsKingfisher buys 31 Focus DIY stores
Kingfisher is to buy 31 Focus DIY stores from administrator Ernst & Young.
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NewsRivals circle Focus stores after its collapse into administration
4,000 jobs in the balance as struggling DIY retailer calls in Ernst & Young after defaulting on loan.
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NewsFocus in administration
Focus DIY collapsed into administration this morning after filing an intent to appoint administrators yesterday, as revealed by Retail Week.
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NewsAdministration looms for Focus
Focus DIY has filed an intention to appoint administrators following a credit default.
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News5pm deadline for Focus rescue deal
Focus DIY’s owner has entered into exclusive talks with restructuring firm GA Europe about buying the business, but if talks are unsuccessful the retailer could collapse, it is understood.