Focus DIY was a privately owned chain of DIY stores in the UK. It served the consumer DIY market sector, and most stores had some form of garden centre.
By 2011, it was the fourth largest DIY retailer in the UK, although at its peak, it had been the second largest DIY retailer in the UK. Its main competitors were B&Q, Homebase and Wickes.
The company operated 178 stores in the UK with 3000 employees, but had been running losses every year since 2007. The year up to 2011, the company saw a loss of £25m
On 4 May 2011 the Focus Group announced that it was going to enter administration; the following group companies went into administration; Focus (DIY) Limited, Focus (Investments) Limited, Payless DIY Limited, Payless Properties Limited, Do It All Limited and Do It All (Holdings) Limited.
The company entered administration on Thursday 5 May 2011 with Ernst & Young appointed as administrators. As no buyer was found for the chain as a whole, the company was put into a wind down process. During this period the administrators were able to sell 55 stores to B&Q, Wickes and B&M Bargains. The remaining 123 stores were closed, in intervals, beginning on Sunday 19 June until the final closures on Friday 22 July 2011.
Read more about Focus DIY: History, The New Focus, Supply Chain, Administration
Famous quotes containing the word focus:
“When Western people train the mind, the focus is generally on the left hemisphere of the cortex, which is the portion of the brain that is concerned with words and numbers. We enhance the logical, bounded, linear functions of the mind. In the East, exercises of this sort are for the purpose of getting in tune with the unconscious—to get rid of boundaries, not to create them.”
—Edward T. Hall (b. 1914)