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The PA news agency looks at what led to Wilko’s collapse and what the future could still hold for the company.
British household goods discount retailer Wilko said it had fallen into administration on Thursday, putting its 400 stores and 12,500 jobs in danger if a buyer can’t be found. UK retailer Wilko ...
Administrators at PwC have sought to sell off Wilko’s assets in recent weeks, including its brand and shops, after failing to secure a rescue deal. The Range set to buy Wilko brand in £5m deal ...
When Tony Wilkinson retired as chairman of Wilko after 45 years in June 2005, he was replaced by his niece, Karin Swann, and his daughter, Lisa Wilkinson. [3] In 2014, Karin Swann sold her family's 50% holding in the business to Lisa Wilkinson. [4] In May 2019, the Sunday Times Rich List estimated his net worth at £252 million. [5]
Wilko.com Limited (trading as Wilko) is a British home improvement and homeware retailer. It was founded as Wilkinson's by James Kemsey Wilkinson and Mary Cooper in 1930, opening its first store as a hardware retailer in Leicester .
In September 2023, it purchased the Wilko brand from administrators, maintaining its online presence, and began opening physical Wilko stores in December 2023. [3] In November 2024, it purchased the Homebase brand and up to 70 stores from administrators, with plans to rebrand the acquired stores and maintain Homebase as an online-only retailer.
James Kemsey "JK" Wilkinson (6 December 1906 – 18 December 1997) was an English businessman, the founder of the high street chain Wilko. In 2014, it was reported that Wilko had 372 stores, 23,000 employees and annual revenues of £1.5 billion. [2] Wilko collapsed into administration, on 10 August 2023. [3]
IN FOCUS: If you wanted cheap and cheerful household musts or sneezed-upon pick ‘n’ mix, you headed to Wilko – which makes the shop’s potential demise so much sadder. Marie-Claire Chappet ...