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Wilko

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Biography

redirect|Wilko|the English rugby player|Jonny Wilkinson|the American racehorse|Wilko (horse)Infobox Company| company_name = Wilkinson | foundation = 1930| company_type = Private company|Private | key_people = Karin Swann (Chairwoman)
Lisa Wilkinson (Chairwoman)
Stuart Mitchell (CEO)| location = Worksop , United Kingdom|UK | locations = 364 (December 2011)| industry = Retail | products = Basic groceries, consumer goods , DIY , stationery , pets | revenue = increase Pound sterling|£ 1,364 million (2008)| operating_income = increase Pound sterling|£ 85 million (2007)| employees = ~25,000 (2008)| homepage = http://www.wilkinsonplus.com www.wilkinsonplus.com
Wilkinson or Wilko is a British high-street discount chain with over 300 stores, selling primarily homewares and household goods.

Founded in 1930 Wilkinson Cash Stores by James Kemsey Wilkinson, the company has remained largely in the hands of the founding family since. When chairman Tony Wilkinson, the son of the founder, retired as Chairman after 45 years in 2005, he was replaced by his niece, Karin Swann, and his daughter, Lisa Wilkinson.

Product range



The Wilkinson product range concentrates on household essentials, including homewares, textiles, DIY , cleaning products, health and beauty lines, stationery, confectionery, pet products and kitchen and bathroom goods. A large proportion of the range is made up of own-label products sold under the Wilko brand.

Seasonal ranges are introduced on a rotational basis, with garden tools and plants in summer and Christmas decorations from September to January. Toys are now a permanent addition to the seasonal line, however, the company does increase the number of toys during the Christmas period.

During 2007 the company introduced a grocery range and a "food to go" offering in some larger stores. In November 2007, the company opened its first convenience style store.

Stores and distribution


The first Wilkinson store was opened in Leicester in 1930, increasing to a total of nine branches by 1940; the Beaconsfield store can be seen in the background in the 1945 film Brief Encounter . By the end of the 1980s Wilkinson had a total of 78 stores, increasing to over 150 by the time of the founder's death in 1997. http://corporate.wilkinsonplus.com/corp/wilkinson_our_history.asp? SubMenu=AboutUs

Wilkinson opened their first Scottish outlet in Castle Douglas on 23 January 2009 in a store formerly occupied by The Co-operative Group . http://www.retail-week.com/wilkinson-to-open-first-store-in-scotland/1437591.article Stores were subsequently opened in Scotland that same year in Motherwell on 17th July, in Irvine, North Ayrshire|Irvine in November and in Clydebank on 2 December. During 2010, the latest stores planned for Scotland set to open are Hamilton, South Lanarkshire|Hamilton , Kilmarnock , Greenock and Livingston, Scotland|Livingston .

By October 2009, Wilkinson had a total of 359 stores nationwide, with stores averaging in excess of convert|17000|sqft|m2|abbr=on, and employed over 22,000 people. From 2010 over the next 3 years the board plan to reach 500 stores

The company has two distribution centres:
  • D.C.1 & Head Office called JK House (including a store for current team members only) - based in Manton Wood, Worksop , Nottinghamshire . Which when opened in 1995 had the fastest sorting system in the UK.

  • D.C.2 - based in Magor, Monmouthshire|Magor , South Wales.


  • The logo on the shop (right) is using the former Wilkinson logo which was used until 2009.

    Wilkinson has a trend of taking over redundant former stores rather than building new ones, particularly in the West Midlands (county)|West Midlands ; notable examples include the former Kwik Save store in Great Bridge (May 2008) http://www.expressandstar.com/latest/2008/02/01/hundreds-seek-wilkinson-jobs/, the former Safeway (UK)|Safeway store in Halesowen (early 2007) http://www.expressandstar.com/latest/2006/11/08/new-wilkos-brings-60-jobs/ and the former Marks & Spencer store in Dudley (July 1991). The opening of a store in Dudley was an example of a trend of the retailer to take over large units in town centres left vacant by the relocation of big retail names to out of town locations, as Marks & Spencer had closed its Dudley store during 1990 in favour of a new store at the nearby Merry Hill Shopping Centre . The Dudley store was so successful that a £250,000 expansion to the upper level of the building (initially only the ground floor was used) was completed three years after its opening. By this stage, Wilkinson was one of Britain's fastest growing retailers. http://www.referenceforbusiness.com/history2/3/Wilkinson-Hardware-Stores-Ltd.html

    Marketing



    Wilkinson's advertising is concentrated in the press, such as through inserts included with local newspapers. Advertising emphasises value for money, with in-store promotion encouraging customers to purchase more than one item when they visit the store.

    A revamped version of the Wilkinson brand was unveiled in 2008. Designed by Jupiter Creative cite web |url= http://www.jupitercreative.co.uk/blog/2008/12/12/the-home-of-family-value-a-new-look-brand-unveiled-for-wilkinson/ |title=The home of family value: a new-look brand unveiled for Wilkinson |publisher=Jupiter Creative|date=2008-12-12 |accessdate=2009-02-08, the brand was showcased in new format stores in Thornaby , Northallerton , (which replaced a former Woolworths store), Sheffield , Leicester , Newton Aycliffe and Walton-on-Thames , as well as the Castle Douglas , Motherwell & Clydebank stores in Scotland . Elements of the new brand have since been phased in more widely, including point-of-sale materials, carrier bags and a relaunched website. Stores in Nottingham and Retford have also recently been converted to the new One Touch format.

    Incentives


    Wilkinson has launched a Saving Stamp Scheme across all its stores. Although not an unusual practice in the retail market, it is unique to Wilkinson because it has never launched any kind of loyalty or saving incentives in the past, preferring to concentrate on its 'Everytime' value promise. This is no longer available in Wilkinson stores as it was replaced with gift cards.

    Employees of the company are offered a 13% discount at all Wilkinson Stores after four weeks service, as well as the same discount on products in the Wilkinson Plus catalogue.

    Wilkinson stores also donate 1% of their annual profits to charitable causes.

    Financial success


    Turnover for the year ending January 2009 was in excess of £1.4 billion. http://www.retailknowledgebank.co.uk/webpdfs/Wilkinson%202.pdf Wilkinson Hardware Stores Ltd

    Year ending Turnover (£m)Trading profit (£m) Operating profit (£m)
    2 February 2010http:/ / www.fasttrack.co.uk/ fasttrack2002/ migration/ dbDetails.asp? siteID=4& compID=686& yr=2002 FastTrack 100 - 2002 1740 68.1
    cite web >url=http:/ / www.igd.com/ analysis/ channel/ news_hub.asp? channelid=1& channelitemid=112& nidp=& nid=6139 1,400 31.6
    cite web >url=http:/ / www.igd.com/ analysis/ channel/ news_hub.asp? channelid=1& channelitemid=112& nidp=& nid=5045 1,364 88 50.3
    cite web >url=http:/ / www.igd.com/ analysis/ channel/ news_hub.asp? channelid=1& channelitemid=112& nidp=& nid=3950 1,246 85 48.4
    27 January 2006http:/ / www.fasttrack.co.uk/ fasttrack2002/ migration/ dbDetails.asp? siteID=4& compID=686& yr=2007 FastTrack 100 - 2006 1,135 25.7
    1 January 2005http:/ / www.fasttrack.co.uk/ fasttrack2002/ migration/ dbDetails.asp? siteID=4& compID=686& yr=2005 FastTrack 100 - 2005 1,116 54.3
    1 January 2004http:/ / www.fasttrack.co.uk/ fasttrack2002/ migration/ dbDetails.asp? siteID=4& compID=686& yr=2004 FastTrack 100 - 2004 1,045 56.5
    31 January 2003http:/ / www.fasttrack.co.uk/ fasttrack2002/ migration/ dbDetails.asp? siteID=4& compID=686& yr=2003 FastTrack 100 - 2003 922 44.7
    2 February 2002http:/ / www.fasttrack.co.uk/ fasttrack2002/ migration/ dbDetails.asp? siteID=4& compID=686& yr=2002 FastTrack 100 - 2002 817 36.6


    Partnerships


    Wilkinson products are also supplied to Isle of Man|Manx retailer Shoprite (Isle of Man) .

    Charity Partnerships


    The current charity partner is Age UK . This charity partnership began in May 2011 and will last until May 2012. http://corporate.wilkinsonplus.com/story.asp? id=16 Previous charity partnerships include Anthony Nolan (May 2010-May 2011) and Children's Hospice UK (May 2009-May 2010).

    References


    reflist|2

    External links


  • http://www.wilkinsonplus.com Wilkinson Plus Website

  • http://jamesomalley.co.uk/maps/wilko.php Map display locations of Wilkinson stores


  • Category:Retail companies of the United Kingdom
    Category:Companies based in Nottinghamshire
    Category:Hardware stores

    pl:Wilkinson (przedsiebiorstwo)

    Copyright Citations

    This article is licensed under the GNU License
    Click here for original article: Wilko





          

     
       
     
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