Wilko goes into Administration

Pawnless Endgame said:
Talking of parking, my issue is about high streets losing their shops in favour of out-of-town retail parks where it's easier for shoppers to park their cars. From a mobility point of view (sensory impairment), I find it easier to get the bus to the high street. Shops moving outside of town makes it less accessible for non-drivers like myself and being a non-driver not out of choice.
Click to expand...

Yep big divide here
I feel it socially as well.

I'm in a few groups and barely see the inner city people.

I rarely go into town. The inner city non drivers never come out of town. So you have these separate (very in my case) groups.
 
Woolies , Arcadi , BHS , Debenhams and now Wilko !

Wont find any shareholders giving back any dividends to help out those now looking for jobs will we ?

To be honest the high street has been dead for 10 years now , when was the last time you saw anything otehr than a coffee shop , charity shop or new bookies opening up ?
 
they don't seem to have published list of the 51 ones that will become B&M's, just the 'Poundland' converts.
if ours were converted to a B&M that would be good - Cambridge beehive one always had a good selection of groceries, even if they don't sell imitation toblerones.
 
Jono8 said:
The CEO's never fail.

"Oh you ***** everything up, in spite of earning millions a year? Here is a few million as a severance package."
Click to expand...
That really p***** me off with CEO and boards’ bonuses. They should be earned, not given automatically.

Worst year in company’s x years in business, made a fifth of your staff redundant and got fined big time for a death of a colleague due to negligence?

Here’s £2m bonus on top of your £3m salary and 20% increase in your pension pot.
 
I keep hearing in the press that Wilko is comparable to Home Bargains, B&M, Poundland and the Range. I don't fully agree because Wilko was a hardware store and the nearest you got to it being a catalogue shop outside of Argos because you had the ordering terminals in there. Home Bargains is household items with some dry foods e.g. cereal and confectionery. B&M is like a smaller Sainsbury's / supermarket with household, dry foods, chilled and frozen. Then Poundland is a pound shop. I haven't heard of the Range though. What sort of shop is that?

Off-topic, a mate of mine always calls Home Bargains "Home and Bargains" for some reason.
 
Last edited:
B&M sell almost everything Wilko sell, just cheaper a lot of the time because you can get b-brand stuff that's as good or better than the likes of Flash etc.

I'd even go as far as saying most B&M's have an equivalent for almost everything in Wilko and then sell a load of other stuff on top.
 
Last edited:
b0rn2sk8 said:
B&M sell almost everything Wilko sell, just cheaper a lot of the time because you can get b-brand stuff that's as good or better than the likes of Flash etc.

I'd even go as far as saying most B&M's have an equivalent for almost everything in Wilko and then sell a load of other stuff on top.
Click to expand...
I wonder if that shows a lack of planning by councils when they allow certain stores to come in. They are over saturating the area with the same kind of shops.

We see it a lot with take-away style shops too.
 
Pawnless Endgame said:
I keep hearing in the press that Wilko is comparable to Home Bargains, B&M, Poundland and the Range. I don't fully agree because Wilko was a hardware store and the nearest you got to it being a catalogue shop outside of Argos because you had the ordering terminals in there. Home Bargains is household items with some dry foods e.g. cereal and confectionery. B&M is like a smaller Sainsbury's / supermarket with household, dry foods, chilled and frozen. Then Poundland is a pound shop. I haven't heard of the Range though. What sort of shop is that?

Off-topic, a mate of mine always calls Home Bargains "Home and Bargains" for some reason.
Click to expand...
Wilko moved into a market I don't think it should have, in pursuit of "shareholder value". It was a great neighbourhood hardware store. I used to go there to buy wire by the length, spray paint etc. It was more like a haberdashers. It then tried to compete with massive out of town units where Pound Stretcher, Home Bargains, Pound Land, B&M etc. were already well established. Almost like the M&S of bargain crap which is a contradiction in its own right.
 
Quite ironic when you think that many of these types of stores have over the years killed the High St and now they are dying out as well.

I like the French way of keeping the store a village/small town requires in the centre and all the larger store/supermarkets are located well away from the centre.
 
Well I can park at an out of town carpark for free or park in town for £lol to buy something. Or sit at home in my pants and order online from the comfort of my sofa. Most of these large stores are living on borrowed time imo.
 
dlockers said:
Larger "destination" stores promoted the demise of diverse high street shops. People prefer to drive out of town to the larger stores
Click to expand...

OH Yeah, I see.

But we allowed bigger stores to come into the High St and these slowly killed off the grocers, paper shop, off licence, indi clothes shop and music etc and not out of town, as is done in many areas of France.

Today I can visit three large Kent towns that are littered with empty giants and small, once thriving stores.
In areas I have visited and stayed from Calais to the Vendee do not allow giants into the village/town and that means all those in my first line above are still thriving as are the giants that sit a few K's outside of the village/town.
 
BowdonUK said:
I wonder if that shows a lack of planning by councils when they allow certain stores to come in. They are over saturating the area with the same kind of shops.

We see it a lot with take-away style shops too.
Click to expand...
It's really not for councils to block competitors moving in, would lead to higher prices for consumers. That's a hard no from me.

Ultimately Wilko messed up and let competitors eat their lunch and did literally nothing to adapt.

As for big stores killing small stores, I disagree, its the small independent stores that seem to be thriving and the large chains that are struggling the most. The independent stores offer a unique experience, the out of town stores and online offer convenience, everything else is in a massive decline.

When I say out of town stores, its only really the 'value' stores that are thriving, everything else like clothing is in massive decline still.
 
You must log in or register to reply here.
Back
Top Bottom