DIY Week.net
Essential reading for retailers and suppliers in the home improvement market
DIY Week Awards 2012
Check out the winners


News

Published on 8 - June - 2011
 
Focus closing down sale beats expectations
As the failed DIY chain's stores continue to trade, selling off stock before their planned closure next month, liquidators report impressive sales.

The closing down sale in Focus' Launceston store
The closing down sale in Focus' Launceston store

The clearance sale across all 177 Focus DIY stores began the Bank Holiday weekend after Easter and, according to retail disposal specialist Gordon Brothers, sales figures on the opening weekend "smashed all expectations".

Administrators Ernst & Young appointed the Gordon Brothers Group on May 25 to liquidate stock from the collapsed Focus chain.

The closing down sale has been widely publicised and supported by a heavyweight marketing campaign and PR activity, including customer mailshots, promotion on social networking sites Facebook and Twitter and the launch of a dedicated website www.everythingmustbesold.com

Gordon Bros told DIY Week that sales have been consistently high since the clearance sale started on May 27 and that Focus is working hard to ensure stock is replenished in stores and that the main distribution centre is emptied. The firm also praised staff who, "have been magnificent under difficult circumstances".

It was originally announced that the stores would trade until July before the leases of 55 units were taken over by other retailers and the remaining 120 or so stores closed. However, Gordon Bros said deadline has not been set. "In terms of an end date, Focus has always said that "Everything Must Go" and will be continuing with the clearance sale until all stock is sold."


Comment Leave a comment Email Send to a friend   Print Printable version   Print Link to this story
Comments
20/06/2011 21:25:00

By micamart
Its always been the case that anybody can give it away, its just that selling at sufficient profit comes a little harder!....


Make a comment?
Your name
Subject

Inform me of responses to this comment

This Is CAPTCHA Image
Enter number above (anti-spam)



DIYWeek.net does not edit comments which are submitted directly by our users to express their own views. Please report abuse of our comment system here.




© Datateam Business Media Limited 2011. DIY Week.net news articles may be copied or forwarded for individual use only. No other reproduction or distribution is permitted without prior written consent.


Click here to receive the diyweek.net weekly newsletter


Datateam Business Media Limited
15A London Road, Maidstone, Kent ME16 8LY. United Kingdom
T: +44 (0)1622 687031
F: +44 (0)1622 687031

Cookies
We use cookies to make this site as useful as possible. They are small text files we put in your browser to track and assist usage of our site but, with the exception of cookies that help you log in, they don't tell us who you are.
You can control cookies in your browser settings. If you use our site it implies that you consent to our cookie usage. To find out more about how we use cookies and how you can control them, click here to see our cookie policy.