The Works (retailer)

British discount store chain From Wikipedia, the free encyclopedia

TheWorks.co.uk PLC, trading as The Works, is a discount retailer based in the United Kingdom selling books, art and craft materials, gifts, toys, games and stationery. It has more than 500 stores across the UK and Ireland as of July 2026.[5]

The Works in Pentagon Shopping Centre in Chatham (September 2025)

TypePublic
IndustryRetail
Founded1981 (1981)
HeadquartersColeshill, Warwickshire, England[1]
Quick facts Type, Industry ...
The Works
TypePublic
IndustryRetail
Founded1981 (1981)
HeadquartersColeshill, Warwickshire, England[1]
Number of locations
525 (stores)[2]
Area served
United Kingdom
Ireland
Key people
Dean Hoyle (Chairman)
Gavin Peck (Group CEO)[3]
ProductsBooks, stationery, arts, crafts and toys
RevenueIncrease £264.6 million (2022)[4]
OwnerDean Hoyle (15%)
Websitetheworks.co.uk
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History

The company was founded in 1981 by Mike and Jane Crossley[6] as discount bookstore Remainders Limited. The Works stores are categorised into five product "zones": Kids (toys, games etc.), Arts and Craft, Stationery, Family Gifts, and Seasonal/Regional, which includes a selection of local interest and tourist-specific ranges. TheWorks.co.uk, the company's first e-commerce platform, was launched in January 2012.

The company's loyalty card scheme, 'Together', was launched in 2013, and had reached one million members by the end of 2016.[7][8] The scheme closed down in March 2024.

Expansion and ownership

The Works acquired 26 outlets of the Bargain Books and Bookworld chains in 2007 after their parent company went into administration.[9][10] The Works itself entered administration in January 2008.[11] The business was subsequently purchased by the private equity firm Endless in May 2008.[12] Hoyle became chairman of the discount retailer after the "sizeable cash investment" in July 2015.[13]

It was announced in July 2018 that The Works, approximately one-third owned by Hoyle, would have an initial public offering and a valuation of £100 million.[14] Hoyle retained the largest shareholding of 15% after the flotation.

See also

References

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