There are no plans to close any stores next week though, after GMB Union said that would happen
Redundancies and store closures at Wilko are likely, administrators Price Waterhouse Cooper said this evening . But they have refuted claims from the union GMB that the majority of stores will close next week, saying there are currently no plans to do that.
They reported that other budget retailers have made bids to acquire some sites. GMB said: "There is no longer any prospect that the majority of the business will be saved."This means redundancies for staff in store and at call centres will begin during the coming week. Some stores may be bought, either individually or as part of larger packages, but significant job losses are now expected.
"Sadly, it is therefore likely that there will be redundancies and store closures in the future and it has today been necessary to update employee representatives. We know this will further add to the uncertainty felt by workers.
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