Essential reading for retailers and suppliers in the home improvement market

Wilkinson embarks on major expansion plan

Published: 30 September 2010
DIY and household goods retailer aims to grow store portfolio from 342 to 500 by 2014.
Wilkinson embarks on major expansion plan
Wilkinson has instructed independent retail surveyors Smith Price, along with Colliers CRE to assist with the store expansion programme and is looking at opportunities within the M25 and satellite towns. It has also retained agents Savills and Rowley Hughes Thompson to locate opportunities within the South West.

Potential locations include high street spots, shopping centres and out-of-town locations, while the stores will have a minimum retail floorspace of 10,000 sq ft.

Wilkinson reported a turnover of £1.4bn in the last financial year, with an operating profit of £31.6m. It opened 17 new stores in 2009/2010.The ambitious expansion plan will see it grow its current store portfolio from 342 units to 500 in the next four years.

In Wilkinson's latest financial report, family directors Karin Swann and Lisa Wilkinson said that the retailer is "now confidently heading into what could be our most exciting period ever."

Smith Price head of retail agency John Mortimer said: "It is the first time in its 80-year history that Wilkinson has fully retained agents and we are delighted to have been retained to assist with its expansion programme. We are confident...we will be able to help reinforce Wilkinson's strong market position by identifying excellent opportunities on the high street, in shopping centres or in out-of-town locations."

Comments

Published prior to March 2014
By nigelt
I think in certain product categories they might well be number 1 or number 2! Hats off to them for building this family business up!
Published prior to March 2014
By diyman
how long till wilkinson overtakes focus as the fourth largest diy retailer..

(Your email address will not be published)
Already Registered?
Sign In
Not Yet Registered?
Register
Printable View E-mail Bookmark
*

Latest reader comments

re: Carl Kammerling Fusion 2021 Trade Promotion – Filled with exciting new deals!

MIKE
GOOD AFTERNOON,WE USED TO DEAL WITH YOUR COMPANY MANY YEARS AGO, BUYING LARGE STOCKS OF DELETED AND RETURNS ITEMS.IF YOU HAVE ANY CLEARANCE ...

re: Toolbank

Bilal Ali
Hi Trust you are doing great. My name is Bilal Ali. I am the owner of Azaan International Ltd, a company specialized in products. We are ...

re: Woolworths staff reunited by new website

John Zullo
Hi I'm trying to find Lisa assistant manager of woolworths in the metro centre 1999 I only now her by her 1st and middle name Lisa Marie ...

re: Planning application submitted for new Homebase store in Abingdon

Gel
They closed their store last year!http://www.oxfordmail.co.uk/news/17570442.homebase-abingdon-starts-closing-sale/...

re: Latest update on Green Homes Grant and implications for homeowners and landlords

John Hart
After applying for a green homes how long will it take for a decision? thanks...

Most read stories