What went wrong at Wilko?- QHN

Selling pick ‘n’ mix, stationery and even garden tools: Wilko has styled itself as a budget UK homeware chain for more than 90 years.

With 400 stores across the UK, the chain is well-known for its affordable everyday items.

But in early August, the High Street stalwart collapsed into administration and put 12,500 jobs at risk.

But in early August, the High Street stalwart collapsed into administration and put 12,500 jobs at risk.

There was hope a further 300 stores could be rescued by the billionaire owner of HMV, Doug Putman. But the failure of his bid means the Wilko name will disappear from the High Street in the next few weeks.

The business was founded in 1930 when JK Wilkinson opened his first store in Leicester. It expanded across the Midlands initially and by the 1990s became one of Britain’s fastest-growing retailers.

In 2012, Wilkinson began rebranding its stores as Wilko, and by 2014, most stores had emblazoned the new name on storefronts.

When we first heard the chain was struggling, we spoke to Wilko customers in stores and on social media.

James, a construction professional, remembered the first Wilko store in Leeds: “My dad loved it – a brilliant location at the Arndale Centre in Headingley. It sold such a wide range of things.”

Selling pick ‘n’ mix, stationery and even garden tools: Wilko has styled itself as a budget UK homeware chain for more than 90 years.

But in early August, the High Street stalwart collapsed into administration and put 12,500 jobs at risk.

With 400 stores across the UK, the chain is well-known for its affordable everyday items.

There was hope a further 300 stores could be rescued by the billionaire owner of HMV, Doug Putman. But the failure of his bid means the Wilko name will disappear from the High Street in the next few weeks.

But in early August, the High Street stalwart collapsed into administration and put 12,500 jobs at risk.

But in early August, the High Street stalwart collapsed into administration and put 12,500 jobs at risk.

There was hope a further 300 stores could be rescued by the billionaire owner of HMV, Doug Putman. But the failure of his bid means the Wilko name will disappear from the High Street in the next few weeks.

The business was founded in 1930 when JK Wilkinson opened his first store in Leicester. It expanded across the Midlands initially and by the 1990s became one of Britain’s fastest-growing retailers.

In 2012, Wilkinson began rebranding its stores as Wilko, and by 2014, most stores had emblazoned the new name on storefronts.

When we first heard the chain was struggling, we spoke to Wilko customers in stores and on social media.

James, a construction professional, remembered the first Wilko store in Leeds: “My dad loved it – a brilliant location at the Arndale Centre in Headingley. It sold such a wide range of things.”

#wrong #Wilko

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