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Wickes Group plc trading as Wickes is a home improvement retailer and garden centre, based in the United Kingdom with more than 230 stores throughout the country. Its main business is the sale of supplies and materials, for homeowners and the building trade. [ 2 ]
B&Q was founded in March 1969 in Southampton, England, by Richard Block and David Quayle, following the purchase and fitting out of a former furniture warehouse in the Southampton suburb of Portswood. [4]
Wickes is a publicly listed home improvement retailer based in the UK. Wickes may also refer to: Companies. Wickes Furniture, a former US-based furniture store chain;
By 2002 the chain had grown to over 450 stores following several buyouts including the Wickes DIY chain. Archer and his partners received over £650 million from the sale of Wickes in 2005. When his core Focus business was in financial difficulty, US private equity firm Cerberus Capital Management bought Focus for £1 in June 2007. Cerberus ...
The jobbing builder market was lost to the new UK Wickes chain. Following poor trading, WH Smith extricated itself from the merger and then Boots sold Do It All to Focus DIY in 1998. The Focus group retained some of the Payless own-brand ranges and successfully bought up Wickes - later selling them at a substantial profit to Travis Perkins. [3]
In October 2007, Home Retail Group bought twenty seven stores from Focus DIY, and converted them to the format of Homebase. [9] In June 2011, the group bought the exclusive rights to the brand of Habitat, its brand designs and intellectual property in the United Kingdom and Ireland, along with three stores in London and its website. [10]
The company was founded in 1982 as Paternoster Stores Ltd, to conduct a buyout of the British Woolworths chain. In March 1983, Paternoster changed its name to Woolworth Holdings plc. [9]
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