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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Apr- 2023 -10 AprilHigh Street
Wilko collapses into administration, 12,000 jobs at risk
High street homeware retailer Wilko has collapsed into administration, putting around 12,000 jobs at risk. In an open letter confirming the news, CEO Mark Jackson said the business had left “no stone unturned” in an attempt to keep the business afloat but has conceded it has “no choice but to…
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Mar- 2023 -8 MarchSupermarkets
Poundland launches new price comparison campaign
Poundland is reportedly set to launch a new price comparison campaign that will see it compete as an alternative to larger supermarkets, The Grocer has reported. According to reports, in-store posters around its stores have shown the group comparing its prices to the likes of Asda, Morrisons and Wilko. A…
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Feb- 2023 -22 FebruaryPeople Moves
Original Factory Shop offers interviews to laid off Wilko staff
The Original Factory Shop has announced that it will guarantee an interview to anyone who is at risk of or has been laid off by Wilko or New Look. It has also offered guaranteed interviews to people who have been affected by redundancies at Argos, B&Q, M&Co, Paperchase and TK…
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21 FebruaryDIY
Wilko unveils new leadership team
Wilko’s new CEO Mark Jackson has announced a new senior leadership team which forms part of its plan to stabilise the business and “accelerate” its turnaround. The group has appointed Dave Murphy, currently group finance director, as its new CFO replacing Karen Mackay, who has resigned from the company and…
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20 FebruaryNews
Nearly 15,000 retail jobs lost in 2023
Nearly 15,000 retail jobs have been lost since the start of the year, according to new data from the Centre for Retail Research. It found that 14,874 jobs have been lost as a result of either administration or cost cutting because of the cost of living crisis. Over 11,000 jobs…
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16 FebruaryHigh Street
Wilko to axe over 400 jobs as sales fall
Wilko is reportedly set to axe over 400 jobs across the company as part of plans to cut costs amid struggling sales. According to The Guardian, those affected by the cuts may include assistant store managers, retail supervisors, head office managers and call centre workers. The group reportedly told staff…
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8 FebruaryHigh Street
Wilko launches click-and-collect in UK stores
Wilko has launched a click-and-collect service that will be available in all of its UK stores. The introduction of this service comes as the company wants to find new ways to make it easier for customers to shop for the items they need. According to Wilko, the new service will…
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Jan- 2023 -5 JanuaryHigh Street
Wilko secures £40m in funding from Homebase owner
Wilko has reportedly secured £40m in funding from Hilco UK, the investor which owns both Homebase and Cath Kidston. According to the Financial Times, the details of the asset-based credit facility were filed with Companies House although they have yet to be fully disclosed. However, the outlet added it is…
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Nov- 2022 -29 NovemberHigh Street
Wilko MD steps down amid refinancing talks
Wilko has announced that its managing director Alison Hands is stepping down from her role, as she is set to take up a new role as CEO of Lincolnshire Co-op next year. It comes as The Grocer has reported that the high street retailer is in emergency talks with lenders…
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21 NovemberHigh Street
Wilko in talks for £30m lifeline
Wilko is in talks to secure a £30m cash injection as cost pressures intensify in the run-up to Christmas, according to the Sunday Times. The news comes as the chain retailer was unable to agree to an extension of its revolving credit facility due to interest rate hikes. It employs…
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