Company type | Public |
---|---|
Industry | Retail |
Founded | 1885; 140 years ago (1885) |
Founder | John Wesley Hillard |
Defunct | 1987; 38 years ago (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
The company was founded by John Wesley Hillard in 1885, in the West Yorkshire town of Cleckheaton. The first shop was opened in Lion Chambers there, and shortly after 1900, there were twenty shops operating as Lion Stores. By 1951, there were over seventy stores, and by 1968, it had warehouse size stores in Wakefield, Lincoln and York.
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. 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.
- Former Hillards in Cleckheaton, now a Tesco
- Tesco in Oakwood, Leeds was scheduled to open as a Hillards but opened as Tesco as the chain was acquired mid construction.
- Former Hillards in Pontefract, now a Tesco
References
- ^ "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
Former supermarkets of the United Kingdom | |
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Investor-owned chains |
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Co-operative societies | |
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