This year has been another turbulent period for the UK fashion market, yet while the cost-of-living crisis continues to grip consumer spending, the industry itself has been a dynamic one. Large-scale acquisitions, fierce competition and a crackdown on malpractice has kept big players on their toes, and has brought to question the needs and...
Dec 28, 2023
British budget retailer Wilko has relaunched its own website weeks after it was bought out of administration by retail group The Range in a five million pound deal. The move ensures that Wilko’s name can recommence trading, and continue offering its wide selection of health and beauty products, alongside homeware, decorating and other household...
Oct 13, 2023
Budget UK retailer Wilko is set to close the “majority” of its stores within the coming weeks after it failed to find a buyer for the chain. The move was reported to the GMB Union, which had been informed that there was “no longer any prospect that the majority of the business will be saved”. Redundancies for staff, both in store and at call...
Aug 24, 2023
UK homeware and beauty retailer Wilko has filed a notice of intention to appoint administrators after it failed to find funding or secure a sale of the business. The privately-owned budget chain said that it had issued the notice with the High Court, a move that could potentially put 12,000 jobs and 400 stores at risk. The decision now provides...
Aug 3, 2023