Wilko administrators warn more store closures could be ahead

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Wilko administrators warn more store closures could be ahead
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PwC said in its update on Wednesday, September 6, that more stores could close depending on the outcome of current negotiations

Wilko's administrators have warned that more store closures could be ahead after it announced that 52 shops would be shut. PwC, which has been cutting jobs and selling the assets of the Worksop-based retailer, confirmed 1,016 staff would lose their jobs after the final day of trading dozens of locations across the UK.

The following stores will close on Thursday, September 14: Ashford, Avonmeads, Banbury, Barrow in Furness, Basildon, Belle Vale, Burnley , 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.

Edward Williams, joint administrator, said: “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 loss of these stores will be felt not only by the team members who served them with such dedication, including through the uncertainty of recent weeks, but also the communities which they have been a part of.

“We are enormously grateful for the support of team members during this difficult period and remain committed to doing all we can to help affected staff, assisting them with processing redundancy claims and working with relevant parties to help secure new employment as quickly as possible.” In total 74 staff are currently working at four Midlands stores that are set to close. PwC has also confirmed that 220 people working at the distribution centre in Worksop will be made redundant.

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