WILKO will close 124 stores in days- with hundreds more shuttered by October, administrators have revealed.
The bargain retail giant said the first 38 outlets will close this coming Sunday September 17 after last ditch rescue talks failed.
A further 38 will close on Tuesday September 19 followed by 48 more by Thursday September 21.
Timings for the shuttering of the remaining 222 stores will be announced in due course.
It is anticipated that all stores will be closed by early next month, resulting in the redundancies of a further 9,100 employees in those stores.
The closure of distribution centre operations is expected to take place on Friday September 15, with the majority of the remaining 886 DC employees being made redundant on that date.
Read More on Wilko
Full list of 24 Wilko shops closing TOMORROW as all 400 stores to shut forever
All 400 Wilko stores to close by October after final rescue bid fails
Further redundancies of the remaining 210 support centre employees will take place during September and early October as operations wind down.
Zelf Hussain, joint administrator overseeing the closure of Wilko, said: "Despite the significant and intensive efforts of both ourselves and Putman Investments – the remaining party interested in buying a significant part of the business as a going concern…
"A transaction could not be progressed due to the inability to reduce central infrastructure costs quickly enough to make a deal commercially viable."
Stores that will close on Sunday September 17
The following 38 stores will close:
- Accrington
- Ashington
- Blackwood
- Bognor Regis
- Bradford
- Bury St Edmunds
- Coalville
- Crawley
- Droylsden
- Ellesmere Port
- Falkirk
- Ferndown
- Hanley
- Humberstone
- Huyton
- Kensington High Street
- Kings Heath
- Lakeside
- Leigh
- Letchworth
- Maidenhead
- Market Harborough
- Melton Mowbray
- Newport
- Orpington
- Pontefract
- Pontypool
- Redruth
- Rugeley
- Shirley
- Southport
- Sovereign Harbour
- Torquay
- Wimbledon
- Wombwell
- Woodhouse Lane – Leeds
- Worcester
- Workington.
Stores that will close on Tuesday September 19
The following 38 stores will close:
- Aberdare
- Alfreton
- Ashby
- Barnstaple
- Belper
- Beverley
- BlackheathBrigg
- Byker, Chepstow
- Clifton Nottingham
- Colindale
- Devizes
- Didcot
- Earlestown
- East Ham
- Great Bridge
- Greenbridge
- Grimsby
- Hessle Road – Hull
- Jarrow
- Kimberley
- Leighton Buzzard
- Long Eaton
- Maesteg
- Matlock
- Middleton
- Newton Abbot
- Redcar
- Ripley
- Seaham
- Sherwood
- Stamford
- Stevenage
- Swanley
- Tamworth
- Wrexham
- Wythenshawe
Stores that will close on Thursday September 21
The following 48 stores will close:
- Allestree
- Andover
- Bedford
- Beeston
- Bicester
- Bloxwich
- Bolton
- Bordon
- Bransholme
- Bridgend, Bury
- Carlton
- Clacton on Sea
- Cramlington
- Crewe
- Cwmbran
- Cyfarthfa
- Denton
- Driffield
- Droitwich
- Edmonton Green
- Farnborough
- Fort Kinnaird
- Fulham
- Gateshead
- Gorleston
- Grays
- Greenock
- Havant
- Hereford
- Hillsborough
- Holyhead
- Newton Aycliffe
- Northampton
- Orton
- Parc Trostre Llanelli
- Penge
- Peterlee
- Pwllheli
- Shrewsbury
- Slough
- Swindon
- Tamworth Retail Park
- Taunton
- Walton on Thames
- Wheatley Retail Park
- Wigan
- Wolverhampton
Source: Read Full Article
