Wilko staff facing axe as 52 stores shut:Job losses top 1,600 even after B&M snaps up 51 stricken...

Logo Daily MailDaily Mail
2023-09-05 21:54:12  • 3 mins

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.

Continue read on dailymail.co.uk

Wilko will shut its remaining stores on October 8 following the collapse of the High Street chain. The retailer tumbled into administration last month after...
Logo Daily MailDaily Mail
2023-09-22 20:50:13  • 1 min
Wilkos owners look set to be hauled in front of MPs to be grilled over a 56million hole in the collapsed retailers pension fund. Up to 12,500 staff face...
Logo Daily MailDaily Mail
2023-09-21 21:08:16  • 1 min
Wilko's demise looks set to take the number of jobs lost in British High Street collapses to more than 100,000 since 2020. Figures from the Centre of Retail...
Logo Daily MailDaily Mail
2023-09-17 20:54:22  • 1 min
Homeware chain Wilko is set to disappear from the high street - with the loss of up to 12,500 jobs. Rescue talks had been under way to try to save its 400...
Logo Daily MailDaily Mail
2023-09-12 12:42:51  • 1 min
Thousands more Wilko staff will lose their jobs next week as another 124 stores close. Tomorrow, 38 stores are set to shut, with another 38 closing on...
Wilko staff were given a glimmer of hope last night as the owner of Poundland struck a deal to buy dozens of its closing stores. As the shutters came down...
Logo Daily MailDaily Mail
2023-09-12 21:00:40  • 1 min
The Range is finalising a 5m deal to buy the Wilko brand after a rescue deal for the wider business fell through. The agreement, which will be announced...
Logo BBCBBC
2023-09-13 14:59:08  • 1 min
One million NHS appointments have now been cancelled due to 'damaging and demoralising' strikes, figures are expected to confirm today. A walk-out by junior...
Logo Daily MailDaily Mail
2023-09-25 09:34:07  • 1 min
Cashing in: Paul McGowan Wilko's administrators have defended the controversial role of Hilco, the vulture fund that swooped on the stricken discount...
Logo Daily MailDaily Mail
2023-09-23 20:52:49  • 1 min
The collapse of Wilko has left rival B&M as perhaps the leader in bargain retailing on the high street, with analysts touting the group to maintain its...
Logo Daily MailDaily Mail
2023-09-12 05:00:46  • 1 min
The Wilko name looks set to be saved but all its stores will still close with the loss of thousands of jobs. Discount retailer The Range was last night close...
Logo Daily MailDaily Mail
2023-09-13 21:01:02  • 1 min
By Shannon Eustace & Zoe Applegate BBC News, Lowestoft Budget retail chain Wilko is starting to shut shops across the UK after a rescue deal collapsed....
Logo BBCBBC
2023-09-12 12:37:19  • 1 min
Best News Website or Mobile Service WAN-IFRA Digital Media Awards Worldwide 2022 Best News Website or Mobile Service Digital Media Awards Worldwide 2022...
Logo Channel NewsAsiaChannel NewsAsia
2023-09-23 23:15:51  • 1 min
Employers are offering free vegan meals and fish and chip Fridays to try and tempt workers back to the office. Big Four accounting firm KPMG gave the freebie...
Logo Daily MailDaily Mail
2023-09-25 07:59:28  • 2 mins
Unison has said strikes that will close schools across Scotland are going ahead despite last-ditch talks over the weekend. Its members will strike across 24...
Logo BBCBBC
2023-09-24 16:29:46  • 1 min
Todays Big Picture Asia-Pacific equity markets finished the day mixed. Semiconductor and pharmaceutical names rallied today to help lift Japans Nikkei by...
Logo NasdaqNasdaq
2023-09-25 11:50:00  • 1 min
The Writers Guild of America got most of what it wanted. With actors still on picket lines, however, much of Hollywood will remain shut down. Hollywoods...
Logo The New York TimesThe New York Times
2023-09-25 05:09:16  • 1 min
Painful increases to household bills did not deter shoppers from splashing their cash at Oliver Bonas last year. Sales topped 115m for the year to December...
Logo Daily MailDaily Mail
2023-09-24 20:50:29  • 1 min
Best News Website or Mobile Service WAN-IFRA Digital Media Awards Worldwide 2022 Best News Website or Mobile Service Digital Media Awards Worldwide 2022...
LOS ANGELES (AP) A Hollywood strike of nearly five months appears about to end as a tentative deal has been reached between unionized screenwriters and the...
Logo U.S. News & World ReportU.S. News & World Report
2023-09-25 03:16:27  • 2 mins