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The Latest Breaking News from BM

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

Theft, cover up and a corrosive culture: the inside story of the crisis at the British Museum

There are calls for wholesale change as the ‘museum of the world’ seeks to rebuild a reputation in tatters

Evening Standard

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

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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

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

The Guardian - UK

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 Conversation

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

The Independent UK

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‘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

Evening Standard

Wilko administrators reveal locations of 52 stores to close next week

PwC warns of more job losses if last-ditch talks to save stricken retailer fall through

The Guardian - UK

Employees at TWO Scottish stores will see job losses as early as next week

ADMINISTRATORS for Wilko have revealed the locations of 52 stores which will close as early as next week resulting in more than 1000 job losses.

The National (Scotland)

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

B&M rescues 51 Wilko shops in £13 million deal

The shops are likely to be rebranded as new B&M stores, as the FTSE 100 retailer did not purchase the Wilko brand name

Evening Standard

OPINION - The British Museum thefts have exposed a deeper problem than just security

Its next director is going to have to implement radical culture change if the institution is to remain fit for purpose in the 21st century

Evening Standard

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

The Guardian - UK

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news in one place.

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The Guardian - UK

Wilko bidders given two days to submit offers with 12,000 jobs at stake

Administrator PwC understood to have brought deadline forward as retailer risks running out of money

The Conversation

Wilko is the latest shop to be edged out by competition but it doesn't have to mean the end for the budget retailer

By selling pick ‘n’ mix, stationery, garden tools and bird boxes, Wilko has spent the last 90 years transforming from a one-store business into one of the UK’s major budget retail players. It now has around 400 stores, but it has also become the latest high street shop to face…

The Guardian - UK

What went wrong at Wilko?

Analysts partly blame too many large stores selling low-profit goods on dearer high street locations

Evening Standard

Wilko’s demise proves it’s tough at the bottom

City Comment: No brand, however charming and loved, is guaranteed eternal life

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news in one place.

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Ideal Home

The secrets professional organisers use to make a pantry look expensive

Decant with caution

Chronicle Live

B&M Cramlington preparing to open 'bigger and better' store

B&M is relocating from it's current unit at Manor Walks Shopping and Leisure in Cramlington

Daily Mirror

'I'm a B&M expert - a little-known trick bags you limited edition food at a low price'

A shopping expert has shared the secret to bagging an absolute bargain when buying limited edition foods at B&M - and it's all to do with when you decide to shop

Tribune News Service

Carowinds details plans to fix damaged Fury 325 coaster and strengthen inspections

CHARLOTTE, N.C. -- Carowinds detailed on Thursday its plans for fixing the popular Fury 325 roller coaster’s damaged pillar, and how inspection procedures will change at the amusement park going forward.

Daily Mirror

'I'm a shopping expert - how to find 10p bargains at B&M and the best time to visit'

Tom Church, co-founder of LatestDeals.co.uk, has explained how it is possible to find 10p bargains by using the free B&M app. - and it could mean you nab a discount before anyone else

The Guardian - UK

Bargain hunters bolster UK sales at B&M and H&M

Upbeat figures from discounter and fashion chain follow similar updates from Next and Primark

Birmingham Post

B&M hails 'relentless focus' for continued sales growth

B&M's chief executive has said the company is 'well positioned' for the coming months

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