Advertisement
Canada markets close in 4 hours 10 minutes
  • S&P/TSX

    22,008.03
    -51.00 (-0.23%)
     
  • S&P 500

    5,571.31
    +4.12 (+0.07%)
     
  • DOW

    39,339.56
    -36.31 (-0.09%)
     
  • CAD/USD

    0.7332
    +0.0000 (+0.01%)
     
  • CRUDE OIL

    82.43
    -0.73 (-0.88%)
     
  • Bitcoin CAD

    76,349.35
    -1,150.03 (-1.48%)
     
  • CMC Crypto 200

    1,208.41
    +42.30 (+3.63%)
     
  • GOLD FUTURES

    2,373.70
    -24.00 (-1.00%)
     
  • RUSSELL 2000

    2,042.70
    +15.98 (+0.79%)
     
  • 10-Yr Bond

    4.2880
    +0.0160 (+0.37%)
     
  • NASDAQ

    18,409.96
    +57.20 (+0.31%)
     
  • VOLATILITY

    12.44
    -0.04 (-0.32%)
     
  • FTSE

    8,197.52
    -6.41 (-0.08%)
     
  • NIKKEI 225

    40,780.70
    -131.67 (-0.32%)
     
  • CAD/EUR

    0.6767
    +0.0005 (+0.07%)
     

Wilko reveals locations of 52 shops set for closure

Administrators for Wilko have revealed the locations of 52 stores which will close after failing to secure a rescue deal for the whole business.

PwC, which was appointed to oversee the insolvency last month, said it remains in talks with parties interested in buying the remaining parts of the business.

It comes a day after rival retailer B&M bought up to 51 other Wilko stores in a deal worth up to £13 million.

Administrators added on Wednesday that “it is possible that further store closures may regrettably be necessary”, depending on talks with remaining suitors.

It is understood that HMV owner Doug Putman is still in discussions with PwC over a possible deal to save a significant number of stores.

ADVERTISEMENT

The raft of closures next week will lead to to 1,016 redundancies, while the company has also announced hundreds of further job losses affecting warehouse and service centre staff.

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.”

The following Wilko shops will close on Tuesday September 12:

Acton, London
Aldershot, Hampshire
Barking, London
Bishop Auckland, County Durham
Bletchley, Milton Keynes
Brownhills, Walsall
Camberley, Surrey
Cardiff Bay Retail Park
Falmouth, Cornwall
Harpurhey, Manchester
Irvine, North Ayrshire
Liverpool Edge Lane
Llandudno, Wales
Lowestoft, Suffolk
Morley, Leeds
Nelson, Lancashire
Port Talbot, Wales
Putney, London
Stafford, Staffordshire
Tunbridge Wells, Kent
Wakefield, 121 Kirkgate
Weston-super-Mare, Somerset
Westwood Cross Retail Park, Broadstairs, Kent
Winsford, Cheshire

The following Wilko shops will close on Thursday September 14:

Ashford, Kent
Avonmeads, Bristol
Banbury, Oxfordshire
Barrow-in-Furness, Cumbria
Basildon, Essex
Belle Vale, Liverpool
Burnley, Lancashire
Clydebank, Glasgow
Cortonwood, Barnsley
Dagenham, Essex
Dewsbury, West Yorkshire
Eccles, Greater Manchester
Folkestone, Kent
Great Yarmouth, Norfolk
Hammersmith, London
Huddersfield, West Yorkshire
Morriston, Swansea
New Malden, South-west London
North Shields, Tyne and Wear
Queen Street, Cardiff
Rhyl, Wales
Southampton West Quay
St Austell, Cornwall
Stockport, Greater Manchester
Truro, Cornwall
Uttoxeter, Staffordshire
Walsall
Woking, Surrey