Builders Merchants Journal – BMJ Publishing to Builders Merchants and the UK merchanting industry for more than 95 years
Joint administrators for failed DIY chain Focus DIY are to close 120 stores, having failed to find a buyer for the business as a whole.
Simon Allport, Tom Jack and Alan Hudson of Ernst & Young were appointed joint administrators on May 4 when the company broke its banking covenants. Focus employed about 3,900 staff and operated approximately 178 stores.
Although the intention was to sell the business as a going concern the administrators have been unable to find a suitable purchaser for the business as a whole.
Around 55 stores have been sold to rivals Kingfisher, B&M Discounts and
