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Hillards
From Wikipedia - Reading time: 5 min
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| Company type | Public |
|---|---|
| Industry | Retail |
| Founded | 1885 |
| Founder | John Wesley Hillard |
| Defunct | 1987 |
| Fate | Acquired and merged into Tesco |
| Successor | Tesco |
| Headquarters | Cleckheaton, West Yorkshire |
Key people | Peter Hartley (Executive Chairman) |
| Products | Groceries |
Hillards plc was a small supermarket chain from the North of England, bought out in a hostile takeover by Tesco in May 1987.
History
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The company was founded by John Wesley Hillard in 1885, in the West Yorkshire town of Cleckheaton.[1] The first shop was opened in Lion Chambers there, and shortly after 1900, there were twenty shops operating as Lion Stores.[1] By 1951, there were over seventy stores, and by 1968, it had warehouse size stores in Wakefield, Lincoln and York.[1]
In 1970, the trade name Lion Stores was dropped in favour of Hillards and in 1972, the company was first listed on the London Stock Exchange.[1] Peter Hartley, a grandson of the founder, became executive chairman in 1983 and in May 1987, following a hostile bid, the business was acquired by Tesco for £220m.[2][3][4]
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Former Hillards in Cleckheaton, now a Tesco -
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Former Hillards in Pontefract, now a Tesco
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References
[edit]- ^ a b c d "Hillards Charitable Trust". Archived from the original on 2 January 2007. Retrieved 8 September 2006.
- ^ Clark, Tim (15 April 2008). "A history of Tesco: The rise of Britain's biggest supermarket". London: Telegraph Media Group Limited. Retrieved 13 February 2009.
- ^ "TESCO profits are estimated to have risen". The Guardian p. 25. 17 March 1987.
- ^ "THE TESCO camp in the takeover battle for Hillards". The Guardian p. 27. 29 April 1987.
External links
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