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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 collapsed with the loss of over 12,000 jobs, £625 million in debt and a £50 million pension deficit. [26] During the administration process, it was reported that its owners had taken £77 million out of the company in the preceding decade.
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]
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 ...
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The Avonmouth distribution centre has an area of over 1,250,000 sq ft [24] and is the largest single footprint warehouse in the United Kingdom. [ 25 ] [ 26 ] In Spring 2024, The Range will open a brand new distribution centre in Stowmarket , Suffolk, just off the A14 trunk road, with 1,170,000 sq ft of space for goods. [1]
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 ...