Dates have been announced for the closure of Wilko stores across north and north east Lincolnshire later this month.
Wilko will shut its first group of shops today (Tuesday) and there will be further closures on Thursday, the following Tuesday and the following Thursday. No stores in our area will close this week but there will be closures next week.
The historic retailer will shut 24 stores across the UK in the first phase of closures, with hundreds of workers at the shops set for redundancy. It comes a day after administrators confirmed all the group’s remaining shop, warehouse and support centre workers are set to lose their jobs.
The first closures in north and north east Lincolnshire will take place on Tuesday, September 19 with the Grimsby store in Freeman Street, the store in Ashby and the outlet in Brigg all finishing trading on that date.The store in Bull Ring Lane in Grimsby and the one in Louth are set to close next month.
Family-owned Wilko employed 12,500 staff and ran 400 shops before it hired administrators early last month after it came under pressure from weak consumer spending and debts to suppliers.
All its stores have continued to trade in recent weeks as it has worked through remaining stock, with the retailer discounting thousands of products. However, last week PwC confirmed that a number of shops would ultimately have to close for good after they were unable to secure a deal which would buy all of the firm’s shops.
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A further 28 shops will shut on Thursday. These closures will result in 1,016 redundancies, while administrators have also announced hundreds of other job cuts impacting warehouse and support centre staff.
A further 124 shops will shut for good next week as the process continues, with the final 222 stores all due to close by early October. PwC said the firm’s warehouse will shut on Friday, with final support centre workers leaving in early October as operations completely unwind.
Administrators are still in talks over deals to sell store properties, but are shutting down sites after failing to find a suitor who would take them on as Wilko shops and retain their staff.