Issue 2011 May 31st

This issue was created on 2011-05-31 11:00:00

  • Focus DIY stores sold as CVA controversy inflamesMay 31, 2011
Further doubts about whether UK landlords will give the green light to further CVAs has emerged as stores in the Focus DIY store chain were sold off last week to a number of different buyers. The controversial use of CVAs was lauded by retailers as a way of allowing struggling businesses to realign their companies and to survive at a smaller scale but the proposition has imploded with first JJB Sports and then Focus DIY failing to revive after controversial CVAs.
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