Wilko - Latest News and Analysis – Page 2
-
News
Poundland agrees to take 71 Wilko stores – and promises jobs for Wilko workers
The 71 stores are expected to reopen under the Poundland brand in the fourth quarter of 2023, adding to its existing 800-plus UK estate
-
News
All Wilko stores to close by early October, with over 10,000 workers facing redundancy
The joint administrators said that despite extensive efforts, it had become clear no significant part of Wilko operations could be rescued as a going concern
-
News
Hundreds of individual Wilko stores for sale as union says all are to close by early October
In an update for members this morning, GMB said administrators at PwC had confirmed an offer for hundreds of stores as a going concern had fallen through
-
News
1,000 more Wilko job losses expected in B&M ‘premises only’ deal for 51 stores
It follows 1,332 Wilko redundancies already confirmed, made up of 299 in two distribution centres, 17 in its digital operations department and 1,016 in 52 stores which are to close next week
-
News
First Wilko store closures confirmed, with over 1,000 redundancies
Joint administrators at PwC said negotiations with potential buyers continued but it was clear some of Wilko’s stores were not part of the talks
-
News
B&M agrees to buy 51 Wilko stores as hopes for wider rescue fade
The announcement has been taken as a sign that a rescue of Wilko’s remaining 350 stores and brand is unlikely
-
News
Media Bites 5 September: Asda, Wilko, Butternut Box
The billionaire owners of Asda have been asked by MPs for details of interest free-loans allegedly provided to fund the purchase of private jets
-
News
Bidder for entire Wilko chain given until 5pm to provide more details
If details are not forthcoming, Wilko will be carved up and redundancies, which were paused yesterday, are likely to be restarted, according to GMB Union
-
News
City snapshot: Majority of Wilko stores to close within a week, union warns
The GMB Union has warned its members that the majority of Wilko stores will close within a week after a purchase of the discount retailer fell through
-
Analysis and Features
Eight ways retail sector will change, according to the RSC
From discounter proliferation to online failures and less tax for the Treasury, how the Retail Sector Council sees the industry’s near future
-
News
Wilko collapse: retailers rally to support affected staff
A number of supermarkets have invited Wilko employees to apply for roles
-
Analysis and Features
How did high street favourite Wilko come to collapse?
Suppliers and experts say the discounter was hobbled by inconsistent leadership, weak store locations and having ‘no strategy whatsoever’
-
Analysis and Features
How ‘loved’ high street discount retailer Wilko came to trouble
Wilko is in a struggle for survival, having last week filed a notice of intention to appointment administrators
-
News
Wilko poised to call in administrators, with 12,000 jobs potentially at risk
Wilko CEO Mark Jackson said the business had so far failed to secure an offer that would save it from running out of cash
-
News
Wilko seeking cash injection to support cost-cutting restructure plan
The home and garden retailer is seeking new equity to support its planned company voluntary arrangement (CVA), in which it aims to secure rent cuts from landlords
-
Comment and Opinion
Boots’ store closures are essential for it to thrive
Boots’ plans to close 300 stores have been linked by the press to speculation of a breakup by its US owner and labelled a cost-cutting measure
-
News
Wilko extends contract with online fulfilment partner GXO to 2026
Growing online sales is central to Wilko’s turnaround strategy through its ‘omnichannel transformation’ plan
-
News
Wilko planning no store closures in upcoming CVA
The home and garden retailer is due to launch a company voluntary arrangement next month in which it will seek rent cuts from landlords
-
News
Wilko promotes Ben Exall to digital & marketing communications director
Exall has also been appointed a statutory director of the company
-
News
Wilko rolls out click & collect to all stores
Any online purchase can be ready to collect from store in as little as three hours, at no extra charge