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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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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 .
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 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.
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]
After continual losses mounting from 2011 Schlecker, with 52,000 employees, was forced into insolvency, though continued to run. Dynegy: United States: 6 July 2012: Energy: After a series of attempted takeover bids, and a finding of fraud in a subsidiary's purchase of another subsidiary, it filed for Chapter 11 bankruptcy. It emerged from ...
Hilco Capital was awarded Special Situations Debt Provider of the Year at the IFT Awards 2022. [15] The company also won the Turnaround of the Year Award at the Turnaround, Restructuring & Insolvency Awards (TRI) 2019. [16]