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Focus DIY in "financial meltdown"



eastlondonseagull

Well-known member
Jan 15, 2004
13,385
West Yorkshire
Interesting stuff, watch this space...

From Sunday Express financial section:

"Thousands of workers at Focus fear this week's creditors' meeting will reveal that the DIY retailer is in financial meltdown. Results show profits were down more than 50pc on sales of £732, down by about £100m."

Good riddance :angry:
 






















Yorkie

Sussex born and bred
Jul 5, 2003
32,367
dahn sarf
Unfortunately the workers will suffer but I don't think Archer will. He will have made sure his money is safe somewhere. :rolleyes:
 








dcseagull

New member
Dec 8, 2005
190
Washington DC
Bad news for all their employees who face being laid off and having their pension funds eaten away.

I just hope that this hits Archer in the pocket. Hard.
 




eastlondonseagull

Well-known member
Jan 15, 2004
13,385
West Yorkshire
Re: Re: Focus DIY in "financial meltdown"

Gilliver's Travels said:
Well, if they only made £732 last year, no wonder they're in the shit.


:lolol:

It's ever since me and Mrs ELS took a wee up against the front doors of the Focus in Chesterfield :thumbsup:

Just hope bastard Archer is affected personally somehow.
 






Oct 25, 2003
23,964
i think BG is right he's already sold it


if i'm wrong then GET THE f*** IN:dance: :dance: :dance: :dance: :dance: :dance: :dance: :dance: :dance: :dance: :dance: :dance: :dance: :dance:
 




Yorkie

Sussex born and bred
Jul 5, 2003
32,367
dahn sarf
I thought he'd only sold Wickes?
 




Mustela Furo

Advantage Player
Jul 7, 2003
1,481
I thought he had sold focus as well.

Miserable old bugger knew the shit was going to hit the fan so he bailed out with his own money intact again :down:
 


Goring Gull

New member
Jul 5, 2003
6,725
Huddersfield
Yorkie said:
Unfortunately the workers will suffer but I don't think Archer will. He will have made sure his money is safe somewhere. :rolleyes:

All to true i'm afraid all these top boys never really suffer when a company goes down.
 


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