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.
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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