BUXTON’S Focus DIY store is one of 31 nationally to have been bought by Kingfisher, parent company of B&Q.
The announcement of which stores had been acquired by Kingfisher, whose brands also include Screwfix, was made on Thursday, ending weeks of uncertainty after Focus DIY went into administration.
Kingfisher bought 31 Focus stores from the administrators Ernst and Young for £23 million last month.
The company is now hoping to convert Buxton’s Focus DIY, on Staden Lane, and the other Focus branches they have bought, into B&Q stores, subject to clearance from the authorities.
Ian Cheshire, Kingfisher’s Group Chief Executive, 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.”
All Focus DIY’s stores are now closing down. Focus DIY was set up by Bill Archer in 1987. By 2002 the chain had grown to over 450 stores following several buyouts including the Wickes DIY chain.
In 2005 Wickes was sold for just over £1 billion