Saturday, May 11

Wilko retailer closures: Full record as 52 doomed areas revealed after rescue bid fails

The areas of 52 Wilko shops that can shut after failing to safe a rescue deal have been revealed by directors.

PricewaterhouseCoopers (PwC), which was appointed to supervise the insolvency final month, stated it stays in talks with events interested by shopping for the remaining components of the enterprise.

On Tuesday, rival retailer B&M purchased as much as 51 different Wilko shops in a deal price as much as £13m.

Administrators added “it is possible that further store closures may regrettably be necessary”, relying on talks with remaining suitors.

Team members working on the shops affected shall be made redundant.

Edward Williams, joint administrator, stated: “In the absence of viable offers for the whole business, very sadly store closures and redundancies of team members from those stores are now necessary.

“The lack of these shops shall be felt not solely by the group members who served them with such dedication, together with via the uncertainty of latest weeks, but in addition the communities which they’ve been part of.”

Listen and subscribe to the Ian King Business Podcast right here

The job cuts are along with the lack of 269 roles on the chain’s help centre in Worksop, Nottinghamshire, together with 14 roles at Wilko subsidiary Kin Limited, which have been introduced on the finish of final month.

The following shops will shut on Tuesday 12 September:

Acton
Aldershot
Barking
Bishop Auckland
Bletchley FF
Brownhills
Camberley
Cardiff Bay Retail Park
Falmouth
Harpurhey
Irvine
Liverpool Edge Lane
Llandudno
Lowestoft
Morley
Nelson
Port Talbot
Putney
Stafford
Tunbridge Wells
Wakefield
Weston-super-Mare
Westwood Cross
Winsford

The following shops will shut on Thursday 14 September:

Ashford
Avonmeads
Banbury
Barrow in Furness
Basildon
Belle Vale
Burnley (Relocation)
Clydebank
Cortonwood
Dagenham
Dewsbury
Eccles
Folkestone
Great Yarmouth
Hammersmith
Huddersfield
Morriston
New Malden
North Shields
Queen Street Cardiff
Rhyl
Southampton-West Quay
St Austell
Stockport
Truro
Uttoxeter
Walsall
Woking

Content Source: information.sky.com