Wilko administrators confirms redundancy and store closure plans

However, discussions with those interested in buying parts of the business are continuing.  

The retailer fell into administration earlier this month, putting 12,500 jobs and its 400 stores at risk – with PwC initially tasked with trying to find a buyer for the whole business.  

In their latest update, Wilko’s administrators Jane Steer, Zelf Hussain and Edward Williams said: “We know this will further add to the uncertainty felt by workers. We will be supporting staff through this deeply unsettling time, working closely with the government, JobCentre plus, unions and large employers to maximise possibilities for a rapid return to work for employees in the event of redundancies.  

“In the immediate term, all stores remain open, continue to trade and staff continue to be paid. Contrary to speculation, there are currently no plans to close any stores next week.” 

In response, the GMB Union’s – which represents staff at Wilko – national secretary Andy Prendergast said: “GMB Union will continue to support our members through this process and will fight to ensure they are consulted as per the law and receive every penny they are entitled to.  

“We will fight to ensure people are held accountable for this situation for the simple reason our members deserve so much better.

“GMB will not forget the incompetence that has led to this collapse and will we not forget the dividends paid to the millionaires who gambled workers jobs on their whims.”