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Focus is planning to roll out its new format of Genesis DIY stores, following a successful trial of the smaller 20,000 sq ft units. 16-Mar-2009 Focus is to shed up to 750 jobs from its nationwide chain of 180 DIY stores, including 57 at its support centre in Crewe. 08-Oct-2008 Focus is planning to downsize about 40 of its 176 DIY stores by seeking concession partners and handing back space to landlords. 26-May-2008 Focus is planning to close up to 50 DIY stores, having appointed Hilco to review its underperforming sites. 28-Jun-2007 Focus, the chain of 250 DIY stores, is to be acquired by US hedge fund Cerberus for a nominal sum. 19-Jun-2007 Focus has appointed NM Rothschild to conduct a strategic review of its DIY retailing business, which could lead to a £250m sale. 15-Jan-2007 Focus, the DIY retailer, has started work on the £14m expansion of its distribution centre in Tamworth, and 100 new jobs will be created on completion in November. 06-Jun-2005 Focus has outlined plans to invest about £150m in the development of 50 new DIY stores. 20-Dec-2004 Focus Wickes has sold its Wickes chain of 172 DIY stores to Travis Perkins for £950m. 17-Dec-2004 Focus Wickes, the chain of 420 DIY stores, has appointed Goldman Sachs to consider its strategic options, which could lead to the business being put up for sale. 29-Nov-2004 Focus Wickes is to launch a £250m bond issue to fund the opening of about 70 Wickes DIY stores over the next three years, taking the chain to 220. 03-Jul-2003 Focus Wickes, the DIY retailer, has undergone a recapitalisation that sees Apax Partners paying £120m for a 29% stake. 02-Dec-2002 Focus Wickes is planning to expand its chain of Wickes DIY stores from 138 to 200 over the next five years. 07-Oct-2002 Focus Wickes is planning to float its DIY retailing business later this year, with a valuation of at least £1.2bn. 29-Apr-2002 Focus is planning to refurbish 50 of its 430 DIY stores this year. 25-Mar-2002 Focus, the DIY retailer, is planning to open 10 new-format Focus Wickes Warehouses over the next three years, and the first is being launched in Glasgow. 01-Oct-2001
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