 Following a management buy-out, backed by the Lloyds Banking Group on 8 April steps were taken by September of that year to secure its viability through a debt-for-equity deal that gave its lenders a majority stake in the chain.In 2010–2011, Robert Dyas introduced a new trading format, increased its online offering and expanded the use of web kiosks and browsers.The company was put up for sale in November 2011 by the Lloyds Banking Group and Allied Irish Banking Group.