Wilko staff facing axe as 52 stores shut:Job losses top 1,600 even after B&M snaps up 51 stricken...
More than 50 Wilko stores will shut next week in a fresh blow to staff even after B&M swooped in to save some of the stricken retailers sites.
The store closures will result in redundancies for 1,016 staff who have been nervously awaiting news over their futures since the company crashed into administration last month.
Administrators at PwC said they would reveal the locations of the 52 stores that will close today before the shutters come down for the final time on Tuesday or Thursday next wek.
There was no interest from potential buyers for these particular stores, PwC said.
The administrators also announced a further 299 redundancies at two distribution centres in Worksop and Newport. These staff will be redundant tomorrow. A total of 1,601 Wilko jobs have been lost.
The bleak news came after Wilkos discount rival B&M yesterday agreed to buy up to 51 Wilko stores for 13million.
It is not clear how many of the 1,000 or so staff at these shops will be kept on. And B&M would not confirm whether it will keep the Wilko name.