Administrator Ernst & Young issues list of 55 stores bought by B&M Homestore, Wickes and B&Q.
B&Q parent Kingfisher has taken on the largest slice of the Focus portfolio, agreeing to acquire up to 31 stores in the following locations:
Dorchester ||Melton Mowbray|
Ebbw Vale, Gwent||Newark-on-Trent|
Fakenham, Norfolk||Pembroke Dock|
Goole, Yorkshire ||Skegness|
Kingfisher group chief executive Ian Cheshire said: "We hope to be able to bring B&Q's choice, convenience and value to these communities as soon as possible. However, the final number of stores is dependent on clearance from the regulatory authorities and satisfactory negotiations with landlords. A swift conclusion to this process would enable B&Q to take on all the staff at these stores."
Meanwhile, Wickes will take on 13 Focus stores and all associated staff members at the following locations:
Beverley, East Yorks
West Wickham, Kent
B&M has agreed to acquire 11 stores, with staff also set to transfer over under the transaction. The locations of these stores are:
About 120 remaining Focus stores now face closure, with retail disposal specialists Gordon Brothers appointed to liquidate stock with a view to closing the retail chain. Closing down sales have already started, with discounts across all stock lines.