Hillards

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Hillards
Public
IndustryRetail
FateAcquired
SuccessorTesco
Founded1885
Defunct1987
HeadquartersCleckheaton, West Yorkshire
ProductsGroceries

Hillards plc was a small supermarket chain from the North of England, bought out in a hostile takeover by Tesco in May 1987.

History[edit]

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]

References[edit]

  1. ^ a b c d Hillards Charitable Trust
  2. ^ 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.

External links[edit]