Focus DIY to go out of business

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.

Focus DIY to go out of business

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

About Fiona Russell-Horne

Group Managing Editor across the BMJ portfolio.

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