Bye Wilko

[SueEllen]

Wilko is about to collapse.

https://www.lbc.co.uk/news/wilko-brink-collapse/

Thousands of jobs are at risk as high street retailer Wilko is on the brink of collapse.

There are 400 stores in the UK that face being closed down after Wilko indicated it was at risk of insolvency proceedings.
The chain has spent several weeks searching for a rescue deal but has now given notice of intention to appoint administrators.

Wilko employs around 12,000 people across the country. It was founded in 1930.

Mark Jackson, Wilko's chief executive, said: "While we can confirm we've had a significant level of interest, including indicative offers that we believe would meet all our financial criteria to recapitalise the business, at present, we don't today have an offer that provides the necessary liquidity in the time we have available, given the mounting cash pressures we're faced with.


"Unfortunately, with this in mind, today we're having to take the difficult decision to file an NOI."

[anonymouse]

It's not a surprise, the shelves have been empty for months. Local store is about 25% free, looks so bad. The answer was to remove the empty shelves.

[SueEllen]

It's not a surprise, the shelves have been empty for months. Local store is about 25% free, looks so bad. The answer was to remove the empty shelves.

Yeah I have been in different branches - and that's one problem in certain parts of London - and noticed the same.

Also I wanted some gardening stuff. They sold out and it took over 2 months for more to be in stock in store. That stock arrived in July. Most people who want such items would have wanted them at the latest at the end of June.

[vetran]

sadly terrible product selection and prices, though HMRC may be able to hire some of the counter staff as some would suit HMRC's customer service skills. Iceland staff are nicer.

Unfortunate for all the workers.

[Paddy]

sadly terrible product selection and prices, though HMRC may be able to hire some of the counter staff as some would suit HMRC's customer service skills. Iceland staff are nicer.

Unfortunate for all the workers.

If Wilko goes, it's business will go online an there will be more empty premises added to the plethora of already empty shops

[Mordac]

If Wilko goes, it's business will go online an there will be more empty premises added to the plethora of already empty shops

That's assuming the Wilko customer demographic is happy shopping online, and I'm not certain it is.

[DoctorStrangelove]

I'll have to pop in & see if the bird food is in stock.

The buckets containing the fat balls are very useful.

[vetran]

whose next? I'm Thinking Robert Dyas.

[ladymuck]

I always liked Wilko but agree that the stock levels, both in store and online, have been rubbish for a long time.

Agree the staff were often curt, maybe they were an awful company to work for?

whose next? I'm Thinking Robert Dyas.

Isn't Robert Dyas owned by one of the Dragons?

[SueEllen]

That's assuming the Wilko customer demographic is happy shopping online, and I'm not certain it is.

The entire point of Wilko is that you in there for one item you need now and come out with loads of other items you think you need.