All 400 Wilko stores to close in early October as deal collapses

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All 400 Wilko stores to close in early October as deal collapses
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The GMB union said redundancy was 'now likely' for all 12,500 workers at Wilko

The GMB Union revealed the hopes of a deal which could have saved hundreds of stores and thousands of jobs have collapsed. The union said: "We are incredibly sorry to have to share the devastating news that PwC have confirmed the previous offer being explored for the sale of hundreds of stores as a going concern has fallen through.

Both of Wilko's warehouses, called distribution centres will close this Friday. The GMB union said redundancy was "now likely" for all 12,500 workers at Wilko. "This isn't a tragedy without cause. Wilko should have thrived in a bargain retail sector that is otherwise strong, but it was run into the ground by the business owners.

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