The Works (retailer)

Industry Retail
Founded 1981 (1981)
Headquarters Coleshill
England[1]
Number of locations
 430 stores[1]
Area served
 United Kingdom
Ireland
Key people
  • Kevin Keaney (Group CEO)[2]
    Dean Hoyle (Chairman)
Revenue Increase £157 million 14/15 [3]
Website www.theworks.co.uk

The Works is a discount retailer based in the United Kingdom selling an extensive range of books, art and craft materials, gifts, toys, games and stationery. It has over four hundred stores across the United Kingdom and Ireland.[4]

Expansion and ownership

In March 2007, The Works acquired 26 outlets of the chains Bargain Books and Bookworld, after their parent company went into administration.[5][6] The Works itself entered administration in January 2008[7] and in May 2008, the business was subsequently purchased by the private equity firm Endless.[8]

In July 2018, it was announced that The Works, bought out of administration in 2008 by Endless for around £17 million, would have an IPO and a valuation of £100 million.[9]

See also

References

  1. 1 2 "About Us - The Works". www.theworks.co.uk.
  2. ↑ "Kevin Keaney - The Works". www.theworks.co.uk.
  3. ↑ "Financials - The Works". www.theworks.co.uk.
  4. ↑ "Stores - The Works". www.theworks.co.uk.
  5. ↑ "The Works buys Bookworld owner out of administration". www.business-sale.com.
  6. ↑ "Book company sale saves 160 jobs". 29 March 2007 – via news.bbc.co.uk.
  7. ↑ The Works goes into administration | The Bookseller
  8. ↑ "The Works | Endless LLP". www.endlessllp.com. Retrieved 2016-12-30.
  9. ↑ Booth, James (13 July 2018). "Private equity-backed retailer The Works launches £100m London float". Retrieved 16 July 2018.


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