{"id":67032,"date":"2023-09-11T18:59:08","date_gmt":"2023-09-11T18:59:08","guid":{"rendered":"https:\/\/rapidcelnews.com\/?p=67032"},"modified":"2023-09-11T18:59:08","modified_gmt":"2023-09-11T18:59:08","slug":"wilko-confirms-date-124-stores-will-close-next-week-as-collapsed-retail-giant-vanishes-from-the-high-street-for-good-the-sun","status":"publish","type":"post","link":"https:\/\/rapidcelnews.com\/lifestyle\/wilko-confirms-date-124-stores-will-close-next-week-as-collapsed-retail-giant-vanishes-from-the-high-street-for-good-the-sun\/","title":{"rendered":"Wilko confirms date 124 stores will close next week as collapsed retail giant vanishes from the high street for good | The Sun"},"content":{"rendered":"

WILKO will close 124 stores in days- with hundreds more shuttered by October, administrators have revealed.<\/p>\n

The bargain retail giant said the first 38 outlets will close this coming Sunday September 17 after last ditch rescue talks failed.<\/p>\n

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A further 38 will close on Tuesday September 19 followed by 48 more by Thursday September 21.<\/p>\n

Timings for the shuttering of the remaining 222 stores will be announced in due course.<\/p>\n

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.<\/p>\n

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. <\/p>\n

Read More on Wilko<\/span><\/h2>\n

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Full list of 24 Wilko shops closing TOMORROW as all 400 stores to shut forever<\/h3>\n

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All 400 Wilko stores to close by October after final rescue bid fails<\/h3>\n

Further redundancies of the remaining 210 support centre employees will take place during September and early October as operations wind down.<\/p>\n

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…<\/p>\n

"A transaction could not be progressed due to the inability to reduce central infrastructure costs quickly enough to make a deal commercially viable."<\/p>\n

Stores that will close on Sunday September 17<\/h3>\n

The following 38 stores will close:<\/p>\n