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Wilko visits

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By *ophieslut OP   TV/TS
over a year ago

Central

Have you been into Wilkos, since their misfortune was published? A silly move I made, was to add some cash to one of their saver cards, so I ought to visit to try to spend it all. I think I saw a 'Sale' notice, on a store I passed a couple of days ago, so I'm unsure if it's like a fire sale in them,

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By *imi_RougeWoman
over a year ago

Portsmouth

I think someone has put the money up to save them? My mum was saying the staff told her that.

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By *rHotNottsMan
over a year ago

Dubai & Nottingham

Today is the deadline for offers, I don’t think they will get any that will work. They needed to invest 5 years ago instead of rinsing it paying store managers 25K , doing nothing strategic what the fuck did they expect to happen

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By *ophieslut OP   TV/TS
over a year ago

Central


"Today is the deadline for offers, I don’t think they will get any that will work. They needed to invest 5 years ago instead of rinsing it paying store managers 25K , doing nothing strategic what the fuck did they expect to happen "

Funnily, they had enough dosh to pay 3 million in dividends this past year, to the owners

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By *naswingdressWoman
over a year ago

Manchester (she/her)

Yeah I'd try to spend that before it's not worth anything

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By *ralius ExperticusMan
over a year ago

Birmingham, London , Manchester

They got Hilco involved, "ambulance chasers" who bleed companies dry,tell them to sell exclusively online, take them over, then sell off all assets before saying it is an unprofitable business and winding it up. Have done it with 10's of big retail companies.

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By (user no longer on site)
over a year ago


"They got Hilco involved, "ambulance chasers" who bleed companies dry,tell them to sell exclusively online, take them over, then sell off all assets before saying it is an unprofitable business and winding it up. Have done it with 10's of big retail companies."

That sounds nasty business tactics.

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By (user no longer on site)
over a year ago

Store looks drab.

Nothing much reduced except tack

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By (user no longer on site)
over a year ago

Hang on....what's happened to Wilko's?

Off to Google.

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By *rHotNottsMan
over a year ago

Dubai & Nottingham


"They got Hilco involved, "ambulance chasers" who bleed companies dry,tell them to sell exclusively online, take them over, then sell off all assets before saying it is an unprofitable business and winding it up. Have done it with 10's of big retail companies."

They should sell their assets and they should have been leveraging low interest rates to grow and diversify and get with the 21st century - yes online.

Waterstones are doing just fine , selling more books and more physical stores than ever in history.

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By *atnip make me purrWoman
over a year ago

Reading

Not yet

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By *a LunaWoman
over a year ago

South Wales

Not yet, I usually pop in to get the dog treats and gardening bits and bobs there. Hope they don’t close.

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By *asycouple1971Couple
over a year ago

midlands

Wilko has nothing worth buying in there.

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