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DARK SECRETS: 3 - The Real Truth

Wilko: What went wrong and will we ever see it on high streets again?

The PA news agency looks at what led to Wilko’s collapse and what the future could still hold for the company.

The Independent UK

Wilko to shut final shops for good after dramatic collapse

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.

The Independent UK

Wilko: List of final 41 shops to close

The retailer has been shutting shops across the country in recent weeks after failing to secure a rescue deal for the full business.

The Independent UK

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Scams: six of the most common tricks – and how to avoid them

Steps you can take to detect fake retail websites, missed-delivery texts and other swindles

The Guardian - UK

Wilko owed £625m when it collapsed, leaving pension fund £50m short

Retailer’s unsecured creditors, who include suppliers, will recoup less than 8% of what they are owed

The Guardian - UK

These former Wilko stores will reopen as Poundland shops this weekend

Poundland owner Pepco agreed earlier this month to buy up to 71 Wilko stores from administrator PwC following the collapse of the high street chain

The Independent UK

Scam warning for bargain hunters browsing ‘closing down’ sales

August saw a combination of Wilko tumbling into administration alongside other outlets holding traditional end-of-summer sales.

The Independent UK

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Dunelm increases store opening plans as homeware chain achieves record sales

Dunelm expects to open five to 10 branches in each of the next two years

Evening Standard

Wilko reveals locations of 111 stores to shut next week

Wilko will close 37 stores after trading on Monday September 25, a further 37 on Wednesday September 27 and another 37 on Friday September 29.

The Independent UK

Kingfisher shares hammered after B&Q owner warns on profits

CEO Thierry Garnier keeping watch on the Bank of England after high interest rates hit Polish market

Evening Standard

We shed crocodile tears over our high streets then click online and finish them off

Brexit, Covid and rising costs all contributed to closures like Wilko, but we lazy, hypocritical shoppers played a part

The Guardian - UK

The Range buys Wilko meaning name will not disappear from UK high streets

The Range confirmed it will sell Wilko products “in-store”

The Independent UK

The Range buys Wilko brand in multimillion-pound deal

The homeware retail brand has also bought the intellectual property rights of Wilko, but none of its stores

The Guardian - UK

The Range set to buy Wilko brand in £5m deal

Administrators at PwC have sought to sell off Wilko’s assets in recent weeks, including its brand and shops, after failing to secure a rescue deal.

Evening Standard

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The Independent UK

Rishi Sunak pledges support for redundant Wilko workers amid chain’s collapse

The retailer, founded in Leicester in 1930, plunged into administration last month after struggling with losses.

The Guardian - UK

‘I feel anger; it never needed to have happened’ – Wilko workers lament closures

Staff at the stricken retailer talk of how things went downhill fast and voice fears for their futures

The Guardian - UK

‘You could get everything here’: Wilko customers make final shopping trip as closures begin

Wilko in Brownhills has final trading day after retailer went into administration with the loss of 12,000 jobs

The Guardian - UK

Poundland moves to buy 71 Wilko sites with possible jobs guarantee for staff

PwC says owner plans to reopen stores under Poundland brand throwing lifeline to as many as 1,800 staff

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Evening Standard

The full list of Wilko stores set to become Poundlands

Administrators have agreed to sell 71 shops to Pepco and the conversion to Poundland stores is already underway at many locaations

The National (Scotland)

Pepco to take over up to 71 Wilko stores and make them Poundland shops- Full list

Pepco has agreed with Wilko's administrators that up to 71 Wilko stores will become Poundland shops.

The Independent UK

Poundland owner Pepco to buy up to 71 Wilko stores

It comes a day after administrators confirmed all the group’s remaining shop, warehouse and support centre workers are set to lose their jobs.

Evening Standard

Poundland to save 71 Wilko shops in last-minute deal and rebrand them under its own name

The discount retailer is not able to guarantee that all jobs at these locations will be saved, but said it would “prioritise” the recruitment of ex-Wilko staff

The Conversation

Wilko: what insolvency really means for the budget retailer and why its competitors are surviving (for now)

All 400 of Wilko’s shops are now expected to close over the next month, leaving 12,500 people without jobs across the UK. The budget retailer’s administrator PwC announced the news after it struggled to secure a rescue deal for Wilko to continue operating.

The Guardian - UK

UK grocery price inflation slows but shoppers worried by soaring bills

Aldi and Lidl enjoy sales increase and own-label ranges thrive as consumers seek out bargains

The Independent UK

What happened to Wilko and when will the last shops shut?

The closure of the firm’s remaining 400 stores and the loss of 9,100 staff was confirmed by administrators PwC on Monday

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