Wilko on brink of collapse
03-08-2023, 18:55
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#1
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Dr Pepper Addict
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Wilko on brink of collapse
The Wilko homeware chain is on brink of collapse ;
https://www.bbc.co.uk/news/business-66395824
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03-08-2023, 19:18
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#2
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cf.mega poster
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Re: Wilko on brink of collapse
Can't remember the last time I went in or bought anything from there tbf.
The issue is when places don't modernise with the times (more people are in to getting things off places like Amazon now) and stay where they were a few years ago expecting it to pick up.
I notice they have been involved with Hilco, which was never a good sign given who they have involved with before (think Zavvi, Staples, Woolworths) and that very few retailers who have involved them are still trading...
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03-08-2023, 19:30
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#3
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Re: Wilko on brink of collapse
I stopped going there after they started hiking prices a few years ago.
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03-08-2023, 19:35
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#4
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Just a Geek
Join Date: Jul 2015
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Re: Wilko on brink of collapse
They should do free delivery then I would use them Cheaper from Amazon when you factor in delivery
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04-08-2023, 02:32
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#5
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An Awesome Dude
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Its a shame hearing they arent doing well.......
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04-08-2023, 06:01
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#6
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Re: Wilko on brink of collapse
Not surprised as for quite a while they have been in trouble and as someone pointed out that a failure to adapt to the fierce competition out there like others before them has been their downfall.
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04-08-2023, 09:14
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#7
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cf.geek
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Re: Wilko on brink of collapse
Quote:
Originally Posted by Jaymoss
They should do free delivery then I would use them Cheaper from Amazon when you factor in delivery
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I've never understood this free delivery thing. Granted its a good thing when you get it free but why do people expect it, it costs money to the company, surely you don't expect them to give that away for free?
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04-08-2023, 09:19
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#8
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Re: Wilko on brink of collapse
Retailers need to "value add". You either need to sell things people would rather not buy on-line and/or you have to offer something extra that you can't get on-line. Your prices need to be in line with that "value add", you can charge too much more than the likes of Amazon without your "value add" being worth the extra.
What annoys me is people who don't see local/specialist retailers being worth their "value add" and take up that extra and them go buy on-line. We have lost too many shops that way (not counting landlords and councils doing their bit to close off these places.)
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04-08-2023, 10:38
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#9
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Just a Geek
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Re: Wilko on brink of collapse
Quote:
Originally Posted by Mythica
I've never understood this free delivery thing. Granted its a good thing when you get it free but why do people expect it, it costs money to the company, surely you don't expect them to give that away for free?
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Millions pay for Prime so will use Amazon for most of their online shopping of available items. This is Amazons genius. Wilkos charge so by the time any savings made ordering from them over product price are swallowed up by delivery charges. So they simply fail to compete and then they are failing
We have had a large store in our town for decades it was talking about moving to a better premises but I am guessing that is unlikely to happen now
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04-08-2023, 12:12
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#10
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cf.geek
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Re: Wilko on brink of collapse
Quote:
Originally Posted by Jaymoss
Millions pay for Prime so will use Amazon for most of their online shopping of available items. This is Amazons genius. Wilkos charge so by the time any savings made ordering from them over product price are swallowed up by delivery charges. So they simply fail to compete and then they are failing
We have had a large store in our town for decades it was talking about moving to a better premises but I am guessing that is unlikely to happen now
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I know what Amazon do, its the expecting companies to offer free delivery I can't get.
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04-08-2023, 12:38
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#11
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Just a Geek
Join Date: Jul 2015
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Re: Wilko on brink of collapse
Quote:
Originally Posted by Mythica
I know what Amazon do, its the expecting companies to offer free delivery I can't get.
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What is there to get? If they want my business they have to compete with Amazon or at least appear to.
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04-08-2023, 13:06
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#12
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cf.geek
Join Date: Dec 2013
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Re: Wilko on brink of collapse
Quote:
Originally Posted by Jaymoss
What is there to get? If they want my business they have to compete with Amazon or at least appear to.
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What, a tiny company compared to one of the biggest retailers in the world? Delivery isn't free, why should you expect it.
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04-08-2023, 13:15
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#13
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cf.mega pornstar
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Re: Wilko on brink of collapse
Quote:
Originally Posted by Mythica
What, a tiny company compared to one of the biggest retailers in the world? Delivery isn't free, why should you expect it.
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I don't use Amazon if there's an alternative even if it costs more, same as if I'm expected to use self service check outs rather than paying at the till, I'll go elsewhere without buying.
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04-08-2023, 13:44
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#14
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Just a Geek
Join Date: Jul 2015
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Re: Wilko on brink of collapse
Quote:
Originally Posted by Mythica
What, a tiny company compared to one of the biggest retailers in the world? Delivery isn't free, why should you expect it.
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because they need the business
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04-08-2023, 17:58
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#15
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cf.geek
Join Date: Dec 2013
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Re: Wilko on brink of collapse
Quote:
Originally Posted by Jaymoss
because they need the business
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I said why should you expect it?
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