‘No job losses at Wilko’ while bids considered for collapsed retailer


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Redundancies among Wilko’s 12,500-strong workforce have been suspended while further bids for the collapsed retailer are considered, a union has said.

The GMB said it had been assured by administrators PwC about the move during a meeting on Tuesday morning.

The discount homeware goods company collapsed earlier this month after struggling from inflationary pressures, competition from rivals and supply chain challenges.

But the chain’s 400 branches have remained open since then in the hope a buyer can be found – with a deadline set for last Friday.

It comes after the union warned it expected the majority of Wilko branches to close within weeks after it was told there was no prospect that the majority of the business would be saved.

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However the GMB said on Tuesday that PwC had received “multiple bids” for Wilko and that any potential job losses have been put on hold while they are considered.

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