Wilko
This coverage explores Wilko’s business activities and challenges within the UK retail sector, focusing on store operations, financial performance, restructuring efforts, leadership decisions, and strategic direction. Reporting provides insight into how Wilko navigates competitive pressures, consumer demand, and market changes — offering valuable context for executives, managers, and professionals overseeing operations in general merchandise and value retail.
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May- 2024 -3 MayNews
Go Outdoors opens new store at Metrocentre
Go Outdoors, the outdoor clothing and equipment retailer, has launched its 20,242 sq ft store at Metrocentre, in the North East. Having taken the unit on Blue Mall, the new store stocks an array of renowned outerwear brands such as Rab, Oex, and Berghaus, as well as a full range…
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Apr- 2024 -19 AprilNews
Today’s news in brief-19/4/24
Wilko, the retailer that faced collapse last September, is back with a revamped click and collect service. After successful trials in Exeter, Luton, and Plymouth, the company is reintroducing its free click and collect option. Customers can now access this service from reopened stores and over 200 collection points through…
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19 AprilHigh Street
Wilko relaunches click and collect
Wilko has relaunched its free click and collect service having successfully completed concept store trials in Exeter, Luton and Plymouth. Customers can use the service from reopened stores and from over 200 collection points via its collection partner, The Range. The company is continuing its store roll out programme with…
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16 AprilDepartment Stores
B&M expects profits to hit top end as revenues jump 10%
B&M has forecast its full-year profits to hit the top end of its previous guidance after it revealed a 10% rise in revenues to £5.5bn for the 53 week financial reporting period to 30 March 2024. The group now expects its FY24 group adjusted EBITDA (pre-IFRS 16) to be £629m,…
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12 AprilOnline & Digital
Wilko launches tool and equipment rental service
Wilko has announced the launch of its new tool and equipment hire service, Wilkohire, which aims to make handling jobs ranging from quick fixes to big renovations “easy and affordable”. The service, which is operated in partnership with easyToolhire, is live as of this week and will give customers the…
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11 AprilHigh Street
Pepco LFL sales dip 2.5% in H1 amid tough comparatives
Poundland owner Pepco Group has reported that group revenues on a constant currency basis rose by 11.1% to £2.73bn (€3.2bn), though on a like-for-like basis revenues dipped by 2.5% in the half-year ending 31 March 2024. The group has attributed its like-for-like sales performance during the period to a tough…
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2 AprilHigh Street
Wilko reopens store in Rotherham
Wilko officially returned to Rotherham on 29 March with a new store at Parkgate Shopping Centre. Deputy mayor of Rotherham, councillor Robert Taylor, officiated the launch with a ribbon cutting. The new Wilko Rotherham offers customers all the essentials, as well as 20% more product lines than before. Customers are…
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Mar- 2024 -14 MarchNews
Today’s news in brief-14/3/24
John Lewis announced a pre-tax profit of £42m, a significant turnaround from the previous year’s loss of £78m. Despite this, the company will not pay staff bonuses for the third time in four years, citing a focus on base salary over bonuses. Sales rose by 1%, reaching £12.4bn, with Waitrose…
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14 MarchEconomy
Retail sees 14 closures a day as 5,000 stores vanish in 2023
High-profile retail restructuring and administrations have resulted in a net of 14 store closures a day during 2023, according to research from LDC and PwC, meaning that 5,000 fewer shops are currently trading across the country. The research has attributed the high volume of closures to the collapses of high…
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11 MarchHigh Street
HMV owner considers Body Shop rescue bid
HMV owner Doug Putman is reportedly considering a bid to acquire the body shop from its administrators. According to The Telegraph, Putman has yet to table any formal offer but his interest has raised hopes that the firm may yet be saved. This news follows reports that The Body Shop…
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