Wilko was a privately owned, value-led mixed goods retailer with some 400 UK stores and annual sales of around £1.3bn in the year to January 2022 (FY2021).
The business collapsed into administration in August 2023, however, with the stores and online business being sold piecemeal to other value retailers from September.
The Range completed a £5m deal in late 2023 with the acquisition of the Wilko website and IP from administrators.
The Wilko site was relaunched under The Range’s ownership in October the same year, with over 100,000 lines now live on site.
As of April 2024, there were five Wilko stores across the UK with owners The Range planning an “aggressive rollout” of the brand through 2024.
In March 2024, Wilko launched a new tool hire service dubbed ‘Wilkohire’.
Originally trading as Wilkinson Hardware Stores, the retailer had completed a multichannel restructuring of the business and rebranded it as Wilko in 2014. But having struggled with fulfilment costs, the retailer had to scale back on some of its multichannel ambitions and only started accelerating the rollout of click and collect again from late 2022.
In October 2022 Wilko drafted in advisory experts Teneo as it sought to cut costs and shore up its balance sheet in the face of the cost-of-living crisis.
