Stay Focused for DIY discounts

DIY equipment can be yours for the taking at the closing down sale for Focus DIY Group.

The Crewe-based DIY group’s 123 stores are all set to close down as the firm failed to find a buyer.

It’s not good news for 3,000 Focus staff, who now face uncertain futures. Luckily the administrator saved 900 jobs by selling 50 stores to rivals B&Q and Wickes.

A raft of high street stores are experiencing difficulty and may suffer the same fate as Woolworths back in 2008.

HMV is having difficulties, and could be bought up by Russian oligarch Alexander Mamut, while fashion chain AllSaints was saved earlier this month by Lion Capital’s buyout deal.

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