Focus

Type
Bankruptcy
Country
United Kingdom
Region
Location of affected unit(s)
Sector
Wholesale / Retail
47 - Retail trade
47.5 - Retail sale of other household equipment
47.52 - Retail sale of hardware, building materials, paints and glass
3,100 jobs
Number of planned job losses
Job loss
Announcement Date
8 July 2011
Employment effect (start)
8 July 2011
Foreseen end date

Description

DIY retailer Focus has announced that it has gone into administration with the loss of 3100 jobs in 122 stores.  54 stores have been purchased by other retailers saving a total of 900 jobs. 

Sources

  • 8 July 2011: The business desk

Citation

Eurofound (2011), Focus, Bankruptcy in United Kingdom, factsheet number 72478, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72478.