[1/2] A branch of the discount retail homeware store Wilko is seen in Altrincham, Britain, September 11, 2023.
PwC confirmed that 124 Wilko stores were set to close by Sept. 21, while the timing for the closure of the remaining 222 stores has yet to be announced.
Some job losses in addition to those set out on Monday had been announced in recent weeks.
Earlier this month London-listed retailer B&M (BMEB.L) struck a deal to buy 51 Wilko stores for up to 13 million pounds ($16.26 million).
"Wilko should have thrived in a bargain retail sector that is otherwise strong, but it was run into the ground by the business owners."
Persons:
Molly Darlington, PwC, Wilko, Doug Putman, Nadine Houghton, James Davey, Muvija, Sachin Ravikumar, Paul Sandle, Susan Fenton
Organizations:
REUTERS, HMV, Thomson
Locations:
Altrincham, Britain, Leicester, England, Wilko, London