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The Latest Breaking News from Poundland

Former Wilko boss apologises for more than 12k job losses after retailer went bust

Former Wilko chairwoman Lisa Wilkinson has apologised for the loss of more than 12,000 jobs after the retailer entered administration in August…

The National (Scotland)

Shopkeepers take the law into their own hands in war against shoplifting epidemic

Traders in Birmingham say they are seeing their highest-ever levels of shop thefts

The Independent UK

‘Customers are coming to us crying’: staff mourn as Wilko exits high street

With the hardware and homeware retailer’s last stores closing, devoted regulars say they will miss it dearly

The Guardian - UK

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Wilko: Final 41 shops to close as 93-year-old chain shuts its doors

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

Evening Standard

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

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

The Independent UK

Wilko to shut final shops on Sunday 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

Evening Standard

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

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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

Poundland owner Pepco to ‘refocus’ on Central and Eastern Europe after back-to-back profit warnings

Pepco will work to get its Central and Eastern European arm back on track, after a September heatwave hit sales

Evening Standard

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

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

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 Independent 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

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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

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.

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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.

Evening Standard

‘Death knell’ for Wilko with all remaining stores to close and entire staff ‘likely’ to lose their jobs

The GMB Union said it was “likely” all 12,500 staff would lose their jobs

The Guardian - UK

All 400 Wilko shops to close with loss of more than 12,000 jobs

Talks with HMV owner Doug Putman to save about half of retailer’s stores fail

The Guardian - UK

Wilko: B&M strikes deal to buy 51 stores for up to £13m

Poundland, Home Bargains and The Range also in talks to snap up some of stricken retailer’s outlets

The Guardian - UK

Wilko to close ‘majority of stores’ with loss of thousands of jobs

UK retailer, which has about 400 shops, likely to shut some branches ‘in near future’ after no buyer found

Evening Standard

‘Still hope’ for Wilko employees with administrators’ decision on rescue bids expected next week

Rivals B&M and Poundland, as well as Laura Ashley owner Gordon Brothers are among those said to be interested in saving at least some Wilko stores

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