A sad day for more than 3000 workers as DIY chain FOCUSDIY is liquidated.
By Trucks79 | Wednesday, May 25, 2011, 08:31
The liquidation news comes following the appointment of Ernst & Young less than a month ago, originally large scale job cuts were denied as the administrators looked confident that they would be able to find a buyer for the chain.
Over 3000 jobs are expected to go at DIY chain Focus over the next month jobs go at DIY chain Focus
The news that the chain are due to be liquidated later today means that customers that have placed orders with Focus will no longer receive their orders.
The company that dates back to 1987 are expected to continue to trade for up to a month in order to raise as much funds as possible to settle their debts totalling millions.
In a statement released at the time the administrators were appointed the company said that they had breached the terms of it's bank loans and that there were no alternatives that could be explored any further.
Today will certainly be a bleak day today for workers at the firm that are set for a bumpy ride over the next four weeks or so, if you are a worker for the group or know someone that works for the chain then we would love to hear from you. Or if you have items on order with the Focus then let us know how your getting on and if you are likely to receive your order or a refund.