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Millionaire Chris Dawson, who owns The Range chain of homeware stores, said he expected to conclude a deal for the Focus stores within weeks.
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A small, sharply focused store allows operators to experiment and perfect their approach, he added.
For example: If you are looking to open a maternity focused store, you may discuss your ideal customer, such as young pregnant mothers looking for eco-friendly clothing and products.
Articles in the Off Off Fifth series will focus on stores and shopping expeditions that are out of the ordinary.
Articles in the Off Off Fifth series focus on stores and shopping expeditions that are out of the ordinary.
While the retail results were mixed, said Jack Caffrey, equity strategist for the J.P. Morgan private bank, investors have gained confidence and will focus on stores' reports further into the holiday season.
In a sign that Argos will shift focus from stores to the internet, Home Retail said the chain would continue to develop its online and mobile offering, including a refreshed website ahead of Christmas.
A Plymouth businessman has said he hopes to buy 30 to 40 Focus DIY stores.
They prefer to go to smaller, more focused niche stores.
Mr. Scott said the renewed focus on store customers would allow the company to serve them better and capture more value for shareholders.
Though the details of these services vary among companies, they generally focus on storing files on online servers as opposed to a local hard drive, so that multiple devices can have access to the data over an Internet connection.
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