Wilko administrators deny stores will close next week

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Wilko administrators deny stores will close next week
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The GMB said on Wednesday it was told in a meeting that ‘there is no longer any prospect that the majority of the business will be saved’.

Administrators for the stricken retailer Wilko have denied plans to close stores next week after the GMB union said “the majority” would be shut.

The retailer tumbled into administration two weeks ago, putting the future of its 400 shops in doubt. As a result, it said there are expected to be redundancies affecting staff in stores and call centres. In a statement, the joint administrators of Wilko denied the claims and said: “In the immediate term, all stores remain open, continue to trade and staff continue to be paid.But the administrators admitted “redundancies and store closures in the future” were “likely” and said employees representatives had been informed.

“Sadly, it is therefore likely that there will be redundancies and store closures in the future, and it has today been necessary to update employee representatives.“We will be supporting staff through this deeply unsettling time, working closely with the Government, JobCentre plus, unions and large employers to maximise possibilities for a rapid return to work for employees in the event of redundancies.

“GMB will not forget the incompetence that has led to this collapse and we will not forget the dividends paid to the millionaires who gambled your jobs on their whims.”

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