Hillards
Encyclopedia
Hillards plc
was a small supermarket
chain from the North of England
, bought out in a hostile takeover by Tesco
in 1987.
town of Cleckheaton
. The first shop was opened in Lion Chambers there and shortly after 1900 there were 20 shops operating as Lion Stores. By 1951 there were over 70 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.
Public limited company
A public limited company is a limited liability company that sells shares to the public in United Kingdom company law, in the Republic of Ireland and Commonwealth jurisdictions....
was a small supermarket
Supermarket
A supermarket, a form of grocery store, is a self-service store offering a wide variety of food and household merchandise, organized into departments...
chain from the North of England
England
England is a country that is part of the United Kingdom. It shares land borders with Scotland to the north and Wales to the west; the Irish Sea is to the north west, the Celtic Sea to the south west, with the North Sea to the east and the English Channel to the south separating it from continental...
, bought out in a hostile takeover by Tesco
Tesco
Tesco plc is a global grocery and general merchandise retailer headquartered in Cheshunt, United Kingdom. It is the third-largest retailer in the world measured by revenues and the second-largest measured by profits...
in 1987.
History
The company was founded by John Wesley Hillard in 1885 in the West YorkshireWest Yorkshire
West Yorkshire is a metropolitan county within the Yorkshire and the Humber region of England with a population of 2.2 million. West Yorkshire came into existence as a metropolitan county in 1974 after the passage of the Local Government Act 1972....
town of Cleckheaton
Cleckheaton
Cleckheaton is a town within the Metropolitan Borough of Kirklees, in West Yorkshire, England, situated south of Bradford, east of Brighouse, west of Batley and south-west of Leeds...
. The first shop was opened in Lion Chambers there and shortly after 1900 there were 20 shops operating as Lion Stores. By 1951 there were over 70 stores and by 1968 it had warehouse size stores in Wakefield
Wakefield
Wakefield is the main settlement and administrative centre of the City of Wakefield, a metropolitan district of West Yorkshire, England. Located by the River Calder on the eastern edge of the Pennines, the urban area is and had a population of 76,886 in 2001....
, Lincoln and York
York
York is a walled city, situated at the confluence of the Rivers Ouse and Foss in North Yorkshire, England. The city has a rich heritage and has provided the backdrop to major political events throughout much of its two millennia of existence...
. 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
London Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...
. 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
Tesco
Tesco plc is a global grocery and general merchandise retailer headquartered in Cheshunt, United Kingdom. It is the third-largest retailer in the world measured by revenues and the second-largest measured by profits...
for £220m.