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| Wilko in Administration https://warwickshireonline.com/viewtopic.php?f=67&t=12097 |
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| Author: | Lex [ Fri Aug 11, 2023 7:22 pm ] |
| Post subject: | Wilko in Administration |
I've never been a fan of Wilko - bit of a tat shop: https://leamingtonobserver.co.uk/news/future-uncertain-for-leamingtons-wilko-store/ |
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| Author: | rebbonk [ Fri Aug 11, 2023 7:30 pm ] |
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In the distant past, I've bought household goods from them. I did a university course with a guy who thought he could beat them at their own game as a student supplier. Wilko wiped the floor with him very quickly. |
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| Author: | margaret [ Sat Aug 12, 2023 6:45 am ] |
| Post subject: | |
Perhaps the problem was it didn't really sort out its own image, I mean, was it a hardware store, DIY, retailer, stationery, or home furnishing. |
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| Author: | rebbonk [ Sat Aug 12, 2023 11:16 am ] |
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It was a bit of everything, wasn't it? It had survived for many years, mainly on student populations I suspect. I did read a report that was blaming the likes of Poundland and B&M for its' demise. If that was the case, then I might suggest that Wilko's marketing department had let them down. |
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| Author: | margaret [ Sat Aug 12, 2023 12:03 pm ] |
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Prices were reasonable. I'm not sure how long they had been going, was it more than 15 years? Last year they had a sale on duvet covers and I got two as my sister also wanted one she loved the design and it was good cotton fabric. But I will admit to buying screwdrivers and one of those retracting tape measures in Robert Dyas. as Wilko had a poor supply on that line. However I will be sad to see them go. |
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| Author: | rebbonk [ Sun Aug 13, 2023 11:48 am ] |
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Wilko was founded in Leicester in the early 30s. So they had a pretty good run. I remember being told during one of my MBA sessions that very few companies reach 100 years old. |
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| Author: | margaret [ Sun Aug 13, 2023 12:23 pm ] |
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True but, I can only think of W.H.Smith older than 100 years, started in 1792. |
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| Author: | rebbonk [ Sun Aug 13, 2023 6:20 pm ] |
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A few names here, Margaret. Link I wouldn't take the list at face value though, they talk of RR producing jet engines during the war.  Companies House lists 5000+ businesses as being over 100 years old. That sounds a lot, but when you actually look at the number of companies started it pales into a very small percentage. |
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| Author: | Lex [ Tue Sep 05, 2023 5:07 pm ] |
| Post subject: | |
We're going to be plagued by more B&M shops: https://rugbyobserver.co.uk/news/update-bm-bargains-enter-into-agreement-to-buy-51-wilko-stores-46171/ |
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