All Focus articles – Page 4
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NewsFocus DIY asks for rent holiday as snow hits sales
Focus DIY has asked landlords for a rent holiday as the snow last month hit sales.
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NewsHomebase takes on DIY rivals with revamped value offering
DIY retailer Homebase has this week launched a revamped budget range as it seeks to drive sales in the difficult economic climate.
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NewsFocus reshuffles its management team
Focus DIY has made a series of senior management changes, which include promoting its chief operating officer Rob Gladwin to the position of managing director.
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NewsFocus lines up sites for new small store format
DIY group Focus has identified 100 sites around the country for new stores as it develops a chain of smaller neighbourhood shops.
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NewsBlacks considers CVA
Blacks Leisure is planning a company voluntary arrangement in order to secure its future.
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NewsBlinding light bulb sales as ban sparks hoarding
Sales of incandescent light bulbs have shot through the roof as shoppers stock up in the wake of the European ban, brightening up DIY retailers’ trade.
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NewsFocus’s CVA dashes rivals’ hopes of market share gains
The success of Focus DIY’s CVA has quashed competitors’ hopes that capacity would be taken out of the DIY market.
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AnalysisBill Grimsey is driven by turning around the fortunes of ailing retailers
As the Focus DIY boss successfully pulls off a CVA for his struggling business, he tells Nicola Harrison why he’s so driven by turning around ailing retailers
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NewsFocus wins backing for CVA
The future of embattled DIY group Focus has been secured after creditors today supported a proposal for a company voluntary arrangement (CVA).
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NewsFocus CVA plan has ‘strong chance of success’
DIY group Focus’s CVA proposal has “a strong chance of success”, said Seymour Pierce analyst Freddie George after a company visit.
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AnalysisCVAs: A necessary evil or an easy way out?
The supposed abuse of CVAs has caused anger and as Focus becomes the latest to attempt one, Nicola Harrison asks if these arrangements are fair
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NewsFocus CVA plan to offload ‘dark’ stores receives positive reaction
Focus DIY’s proposed company voluntary arrangement (CVA) will be well received by creditors, according to analysts and landlords.
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NewsFocus to unveil CVA
Focus DIY is to unveil plans for a Company Voluntary Arrangement (CVA) of 38 non-trading stores on Wednesday, as part of the DIY chain’s turnaround plan.
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NewsGovernment thinks again as credit insurance scheme fails
The Government is reassessing its credit insurance top-up scheme as it emerged only a handful of businesses have taken up the scheme.
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AnalysisHilco: hero or villain?
Profiting from retail misfortune as it does, restructuring specialist Hilco is much maligned. George MacDonald asks if the rancour is deserved
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NewsEmbattled Focus strikes Carpetright concessions deal
Focus, which is awaiting confirmation of continued support from its banks, has struck a deal with Carpetright for the floor coverings specialist to open concessions in its stores.
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NewsFocus weighs up options for costly closed stores
Struggling DIY chain Focus is exploring “all avenues” as it seeks to shake off the £12m-a-year strain its 20-plus closed stores are putting it under.
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NewsFocus mulls CVA
Struggling DIY retailer Focus is considering a company voluntary arrangement (CVA) in a bid to secure its future.
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NewsWickes reveals like-for-like rise as DIY rallies
Analysts have welcomed signs of a stabilising DIY market after Wickes disclosed an improved sales performance over Easter.