Wilko: Jobs to go as attempts to find a buyer fail

Business / Thu 24th Aug 2023 at 07:53am

THE administrators of Wilko have said jobs are set to go and stores will close after it failed to find a buyer for the whole business.

However, PwC said parts of the group could still be bought.

Wilko announced earlier this month that it was going into administration, putting 12,500 jobs and its 400 stores at risk.

PwC was tasked with trying to look for a buyer for all or part of the business.

In a statement, PwC said: “While discussions continue with those interested in buying parts of the business, it’s clear that the nature of this interest is not focused on the whole group.

“Sadly, it is therefore likely that there will be redundancies and store closures in the future and it has today been necessary to update employee representatives.”

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1 Comment for Wilko: Jobs to go as attempts to find a buyer fail:

S Little
2023-09-01 14:06:42

Such a shame! I have loved shopping in this store for over 30 years enjoying browsing & purchasing from much variety of items from homeware, gardening, decorating, DIY, cleaning & toiletries to an extensive arts & crafts/stationery section. Everything I have needed under one roof & at such reasonable prices! Staff have always been friendly and helpful & they will be missed. I wish them all success in getting settled into new jobs and wish them every happiness.

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