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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Oct- 2023 -27 OctoberHigh Street
Standalone Wilko stores to return to high street this year
Standalone Wilko stores are set to return to the high street and retail parks across Britain, including Northern Ireland for the first time, as new owner The Range prepares to roll-out the brand once again. Five stand-alone concept stores will now open before Christmas 2023, and the first two locations…
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25 OctoberNews
Today’s news in brief-25/10/23
Asos has pushed back the release of its FY23 results to 1 November 2023, citing the need for its auditor, PwC, to complete planned testing. PwC has assured that the outstanding procedures are of limited scope. Asos confirmed its performance up to 3 September 2023 aligns with the post-close trading…
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25 OctoberDIY
Poundland to open 75 stores by end of December
Poundland has announced its plans to open or relocate 75 stores over the three months to the end of December. The programme covers both its existing pipeline of new stores, and the former Wilko stores it has already opened, or plans to open, as new Poundland stores. This month the…
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24 OctoberNews
Today’s news in brief-24/10/23
Furniture retailer ScS has agreed to be acquired by Italian brand Poltronesofà in a £99.4m deal. This acquisition, representing a premium of 66% to the closing price per ScS share in October, has been recommended to shareholders and is expected to be completed in early 2024. Poltronesofà views this as…
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24 OctoberDepartment Stores
Poundland to recruit 1,200 colleagues this festive season
Poundland has confirmed its plans to recruit 1,200 colleagues to work in stores across the UK and Ireland this festive season. The retailer will take on the workers in temporary roles in the run-up to Christmas. While the majority of these shop floor roles will end on Christmas Eve, some…
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13 OctoberOnline & Digital
Wilko launches online as part of The Range
Wilko.com has started home delivery for online orders yesterday (12 October) with a selection of products and brands available via its ‘marketplace’ format. Formerly the online hub for Wilko, which recently collapsed, it is now part of home and leisure retailer, The Range. Shoppers will also see Wilko-branded products appear…
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10 OctoberNews
Poundland to open nine more converted Wilko stores
Poundland has confirmed another nine former Wilko stores have been converted and will open their doors the upcoming weekend. The announcement comes after an additional 20 former Wilko stores had already opened as a Poundland in the past week. The English and Welsh Poundland stores that will open on Saturday…
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6 OctoberFeatures
How Poundland repurposed 10 Wilko stores in two weeks
The biggest story in retail over the last few weeks has undoubtedly been the struggles and eventual collapse of Wilko. The company fell into administration in August and just a month later it was announced that all of its stores would be closing. As a result, two of its rivals…
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4 OctoberNews
Today’s news in brief-04/10/23
Aurelius Group, the parent company of Lloyds Pharmacy, has reportedly emerged as a contender in the race to acquire The Body Shop. This places Aurelius Group alongside Elliot Advisors, owner of Waterstones, and private equity firm Epiris as potential buyers. The move comes following The Body Shop’s decision to put…
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4 OctoberSupermarkets
Wilko store deals at risk as new owners renegotiate leases
The proposed rescue deals for over 100 Wilko stores could reportedly be at risk as the new owners try to negotiate better terms with landlords, according to The Times. The outlet revealed that B&M, which agreed a deal for over 50 Wilko stores, is thought to have delayed completing some…
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