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The Latest Breaking News from Poundland

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

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

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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

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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

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

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

Evening Standard

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 National (Scotland)

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.

The Independent UK

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

Evening Standard

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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

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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

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 National (Scotland)

'Welcome back': Retail giant reopens in Braehead one year after shutting

A major retailer has officially opened in a shopping centre.

Daily Mirror

Poundland launches £1 own label range across ALL stores - but there's a catch

Poundland's new Manor Grove range is a rival to the likes of Heinz and will include ketchup, mayonnaise and salad cream in similar branded product packaging costing just £1

Daily Mirror

Poundland issues huge update about future of its website - and it’s good news for shoppers

Poundland has begun recruiting for around 120 new roles at its Barnsley chilled and frozen food hub in Darton, South Yorkshire, in preparation for its online expansion

Wales Online

Poundland bringing alcohol to 40 stores alongside fresh, frozen and chilled food

More than 570 stores will offer frozen and chilled food and 50 more are to get fresh fruit and vegetables

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