Wilko: More jobs to go as 52 stores to close- QHN

A further 1,300 staff at the collapsed retailer Wilko are to lose their jobs.

Administrators PwC, who are overseeing the chain’s sale, said 52 stores would close due to an “absence of viable offers for the whole business”.

Wilko fell into administration in August after struggling with losses.

Wilko fell into administration in August after struggling with losses.

However, the GMB union said Wilko workers at stores bought by B&M would not be transferred over and would still be made redundant.

The GMB said it was making enquiries about whether current Wilko staff could be given “preferential treatment” in applying for any B&M jobs that might become available.

And the fate of a further 300 stores remains uncertain, with proposals put forward by HMV’s Doug Putman understood to have been held up due to funding issues.

Wilko was founded in 1930 and by the 1990s had become one of Britain’s fastest-growing retailers. Today it employs around 12,500 people.

But the discount chain has faced strong competition in recent years from rivals including B&M, Poundland and Home Bargains.

A further 1,300 staff at the collapsed retailer Wilko are to lose their jobs.

Wilko fell into administration in August after struggling with losses.

Administrators PwC, who are overseeing the chain’s sale, said 52 stores would close due to an “absence of viable offers for the whole business”.

However, the GMB union said Wilko workers at stores bought by B&M would not be transferred over and would still be made redundant.

Wilko fell into administration in August after struggling with losses.

Wilko fell into administration in August after struggling with losses.

However, the GMB union said Wilko workers at stores bought by B&M would not be transferred over and would still be made redundant.

The GMB said it was making enquiries about whether current Wilko staff could be given “preferential treatment” in applying for any B&M jobs that might become available.

And the fate of a further 300 stores remains uncertain, with proposals put forward by HMV’s Doug Putman understood to have been held up due to funding issues.

Wilko was founded in 1930 and by the 1990s had become one of Britain’s fastest-growing retailers. Today it employs around 12,500 people.

But the discount chain has faced strong competition in recent years from rivals including B&M, Poundland and Home Bargains.

#Wilko #jobs #stores #close

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