Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Mapped: Final 41 Wilko stores set to close doors this weekend

Almost all of the chain’s 12,500 workers are being made redundant

Maryam Zakir-Hussain
Saturday 07 October 2023 12:19 BST
Comments
Wilko workers say goodbye to store, dancing in style of Sound of Music’s ‘So Long, Farewell’

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

Wilko is set to shut the doors of its last high street shops for the final time as the collapse of the 93-year-old retailer comes to a close.

The discount hardware and furnishings chain has been shutting its 400 UK stores over the past month after falling into administration in August.

On Sunday, Wilko will shut the doors of its final 41 stores after they finish serving customers.

Store shelves have already become bare as it sells off its last remaining products in order to recover more cash to help repay Wilko’s outstanding debts.

It will bring to a close one of the largest high street failures in recent years, with almost all of Wilko’s 12,500 workers being made redundant.

Here is a map which shows the 41 stores due to close on Sunday 8 October:

Wilko was originally founded by James Kemsey Wilkinson in Leicester in 1930.

The family-owned business hired administrators from PwC after it came under pressure from weak consumer spending and debts to suppliers.

PwC then held talks with interested firms but was unable to secure a rescue deal for the whole firm, with a potential takeover by HMV owner Doug Putman collapsing.

As a result, administrators sold off a raft of the company’s assets in order to pay off creditors.

Deals were agreed to sell up to 71 stores to Poundland, and to sell up to 51 shops to fellow rival discounter B&M. However, both deals did not include staff.

Empty shelves inside Wilko in Brownhills near Walsall, one of the first Wilko stores to close
Empty shelves inside Wilko in Brownhills near Walsall, one of the first Wilko stores to close (PA Wire)

Last week, Poundland said it had offered jobs to more than 200 former Wilko workers and has already reopened 20 of these sites under its brand.

However, the Times has reported that some of the store takeovers could fail after the new owners were accused of delaying completion with efforts to set up new rent and lease arrangements with more favourable terms.

The Wilko brand will not disappear from the high street completely despite the collapse, after The Range struck a deal to buy its brand, website and intellectual property for £5 million.

The Range said it will sell Wilko products “in-store”, although it is currently not expected to set up standalone Wilko shops.

It is set to restart home deliveries through

Administrators for Wilko confirmed in filings last week that the business owed around £625 million when it went bust.

The documents also showed the retailer’s pension fund was left more than £50 million in deficit and is unlikely to receive more than £4 million following the insolvency process.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in