Grays Wilko escapes latest cull of stores announced by administrators

By Nub News Reporter

6th Sep 2023 | Local News

The Grays Wilko store in the town's shopping mall.
The Grays Wilko store in the town's shopping mall.

THE Wilko store in Grays appears to have escaped the axe which has fallen on 52 others in the latest round of closures and redundancies announced by the stricken retailer's administrators.

Yesterday rival retailer B&M bought up to 51 other Wilko stores in a deal worth up to £13m, though the names of the stores were not revealed.

However, today (Wednesday, 6 September) the closure of more than 50 stores, with the loss of 1,332 jobs was announced by PricewaterhouseCoopers (PwC), which was appointed to oversee the insolvency last month.

The Grays store, in the town's shopping mall, was not on the list of 52 sites to close.

The job cuts are in addition to the loss of 269 roles at the chain's support centre in Worksop, Nottinghamshire, along with 14 roles at Wilko subsidiary Kin Limited, which were announced last week.

The Wilko store at Basildon is among those to close. Some 24 of the branches will close on Tuesday 12 September, while the remaining 28, including Basildon, will shut down two days later.

Administrators added: "It is possible that further store closures may regrettably be necessary", depending on talks with remaining suitors."

     

New thurrock Jobs Section Launched!!
Vacancies updated hourly!!
Click here: thurrock jobs

Share:

Related Articles

Last year's Nub News story.
Local News

Vape shop - second action on 'shut down' premises ends in fine for trader

Cllr Morris-Cook with the clean-up team
Local News

Councillor joins the clean-up crew

Sign-Up for our FREE Newsletter

We want to provide thurrock with more and more clickbait-free local news.
To do that, we need a loyal newsletter following.
Help us survive and sign up to our FREE weekly newsletter.

Already subscribed? Thank you. Just press X or click here.
We won't pass your details on to anyone else.
By clicking the Subscribe button you agree to our Privacy Policy.