Wilko - Latest News and Analysis
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NewsRegulators should ‘explore every option to claw back’ Wilko dividends, says MP
Liam Byrne made the call in the House of Commons on Thursday, after former Wilko chair Lisa Wilkinson was grilled by Business and Trade Committee earlier in the week
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NewsWilko back on UK high streets as first new stores open
The stores, in Plymouth and Exeter, are the first two of five planned by CDS Superstores, which bought the brand from administrators in September
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NewsFormer Wilko chair accused of ‘burgling a failing business’ in MP grilling
‘What is especially stark is that as the business plunged into deeper trouble, the dividends went up,’ said Business and Trade Committee chair Liam Byrne
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NewsWilko bosses to be grilled by MPs over chain’s collapse
Lisa Wilkinson, granddaughter of Wilko founder James Kemsey Wilkinson and former chair of the retailer, is among those to be questioned by the Commons’ Business and Trade Committee
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NewsPoundland yet to reach agreement on 15 former Wilko stores
The variety discounter struck an agreement with administrators for Wilko in August
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NewsUnion calls for Wilko owners to be grilled by MPs over chain’s collapse
GMB Union has called on the Business & Trade Select Committee to hold an emergency session to demand answers
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NewsFirst three towns to get a new Wilko store named
New owner CDS Superstores is pledging to prioritise former Wilko workers in recruiting for the new stores
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NewsPoundland in ‘biggest ever quarter of organic space growth’
The variety discounter is due to have opened or relocated 75 stores in the three months to the end of December, including former Wilko sites
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NewsStandalone Wilko stores to return to the UK under ‘aggressive’ rollout plans
The Wilko brand owner CDS International has unveiled an “aggressive” expansion plan aimed at rebuilding the discounter’s UK footprint
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NewsOne Beyond eyeing up acquisition of 50 former Wilko stores
Deals have already been signed for two former Wilko stores – in Boston and Chelmsford – with a third close to signing
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NewsAnother nine former Wilko stores set to reopen as Poundlands this weekend
Poundland agreed to buy 71 stores from administrators for Wilko last month and began reopening them from 30 September
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NewsWilko back online from today under new owner
Products across cleaning and household, decorating and DIY, garden and outdoor, homeware, pets and wildlife, storage and festive celebrations are available to order for home delivery
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NewsMore than 200 former Wilko workers offered jobs at Poundland so far
The new roles for former Wilko workers see Poundland keep a promise it made to prioritise them
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News10 former Wilko stores to be reopened by Poundland this weekend
They are the first to reopen of 71 stores which Poundland agreed to acquire from administrators for Wilko earlier this month
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Comment and OpinionFrom Lidl to Waitrose, it’s hard to find a grocery retailer making it look easy
Investment and debt are two sides of the same coin
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NewsWilko collapsed owing over £400m, new documents show
The debts included £9.8m to Procter & Gamble and £3.2m to Unilever
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Comment and OpinionWilko’s demise shows the importance of digital
Brand loyalty for traditional retailers today only really works when it spans the physical store and the online offering, says Julian Skelly, senior VP for retail at Publicis Sapient
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NewsPoundland agrees to take 71 Wilko stores – and promises jobs for Wilko workers
The 71 stores are expected to reopen under the Poundland brand in the fourth quarter of 2023, adding to its existing 800-plus UK estate
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NewsAll Wilko stores to close by early October, with over 10,000 workers facing redundancy
The joint administrators said that despite extensive efforts, it had become clear no significant part of Wilko operations could be rescued as a going concern
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NewsHundreds of individual Wilko stores for sale as union says all are to close by early October
In an update for members this morning, GMB said administrators at PwC had confirmed an offer for hundreds of stores as a going concern had fallen through