Page 8 - Jane Steer News Today

The GMB Union has revealed the majority of Wilko stores will close "within weeks" - see the 408 sites currently in the UK that could be…

Mass redundancies at Wilko are likely as talks to save the troubled business from administration collapsed.

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 administrators for retailer Wilko have denied plans to close stores next week.

Doug Putman who owns Toys R Us Canada and HMV UK has been holding detailed talks with Wilkos administrators at PwC.

Administrators for retailer Wilko have denied the majority of its stores will be closed next week - but warned redundancies and store cuts are…

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 and unions clash on exactly when redundancies will be made

Wilko stores are expected to disappear from UK high streets sooner than expected after a failed transaction to purchase the retailer.

Administrators PwC said talks with potential buyers for parts of the group were ongoing but confirmed 'it’s clear the nature of this interest is not focused on the whole group'