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Focus DIY, Belper, Derbyshire (2005) Focus DIY, Rawtenstall, Rossendale (2012) Focus was a British do-it-yourself and home improvement retailer, founded in 1987.. The retailer grew by acquiring rival retailers such as Payless, Do It All and Great Mills; by its peak in 2002, it was the second-largest home improvement retailer in the United Kingdom with 178 stores and over 3,000 employees ...
This deal eventually made Focus Group the UK's second largest home improvement retailer, behind B&Q. [9] 36 Focus stores were rebranded to Focus DIY, growing Wickes from 131 stores in October 2000 to 172 in March 2004. [10] In December 2004, Focus Group sold Wickes to Travis Perkins. [11] The sale was completed in February 2005. [12]
The stores were initially rebranded under the name Focus Do It All, and later, in 2001, to simply Focus, following the company’s purchase of Great Mills the previous year. [4] Focus DIY had also acquired Wickes in 2000, and some former Do It All stores were converted to Wickes, mostly in areas felt to be outside the core market. [5]
In January 2024, B&Q unveiled its plan to open its tenth local store on Staines high street. [29] Later in February, B&Q announced its increase of its hourly rate of pay for its UK employees to £12.21 and up to £13.55 in London. [30] [31] [32] Also in 2024, B&Q reported the opening of its new store in Staines. [33]
By 2002 the chain had grown to over 450 stores following several buyouts including the Wickes DIY chain. Archer and his partners received over £650 million from the sale of Wickes in 2005. When his core Focus business was in financial difficulty, US private equity firm Cerberus Capital Management bought Focus for £1 in June 2007. Cerberus ...
Payless DIY was a chain of DIY stores in the United Kingdom during the 1980s. The defunct Payless DIY brand is owned by AHK Designs Ltd, who also own the intellectual property for Focus DIY and Do It All .
In October 2007, Home Retail Group bought twenty seven stores from Focus DIY, and converted them to the format of Homebase. [9] In June 2011, the group bought the exclusive rights to the brand of Habitat, its brand designs and intellectual property in the United Kingdom and Ireland, along with three stores in London and its website. [10]
In January 2001 he took up the position of CEO of Iceland, replacing Stuart Rose who had been CEO since Iceland's merger with Booker plc in the summer of 2000. [6] Malcolm Walker, Iceland's founder & Chairman, was forced to stand down soon after as it was revealed he had sold £13.5 million of Iceland shares five weeks before the company released the first of several profits warnings.