Focus DIY sells 11 stores to B&M
Published: 23 May, 2011
LANCASHIRE: Variety retailer B&M has reached an agreement to buy 11 stores from failed Focus DIY. B&M Bargains runs 230 stores in Britain.
Focus DIY collapsed earlier this month and administrators at Ernst and Young has been offloading parts of the company's property portfolio ever since.
Focus administrator Ernst & Young has hired restructuring specialists to begin liquidating stock this week.