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Stockport Wilko store among 71 bought by Poundland

Pepco Group have agreed a deal with Wilko administrators, PwC, that will see 71 stores reopen as Poundland shops, including the location at Stockport Retail Park. The Wilko store in Stockport was among the first of the retailer's 400 stores announced to close after the chain entered … [Read more...]

Administrators announce all remaining Wilko stores to close

Joint administrators, PwC, have announced the closure all Wilko stores still trading by early October 2023, with the decision resulting in the redundancies of over 9,000 staff. Closures had been announced last week for over fifty stores to close, including the Stockport branch, as a buyer … [Read more...]

Stockport Wilko store among first branches to close

Stockport's Wilko store will close on Thursday 14th September alongside over 50 other sites nationwide, joint administrators for the retailer, PwC, have announced. Wilko first opened in Stockport in 2017 at Stockport Retail Park (formerly The Peel Centre) in the town centre, and employs around 40 … [Read more...]

B&M deal to save up to 51 Wilko stores from closure

Discount retailer B&M has agreed a £13 million deal to take on up to 51 stores from household goods retailer, Wilko, which entered administration last month. Details of the stores B&M is set to take over have not been announced, though they are unlikely to include those in locations where … [Read more...]

Wilko redundancies suspended as administrators weigh up bids

Wilko will not be proceeding with redundancies while joint administrators, PwC, consider bids to sell, trade union, GMB, has said. The household goods retailer fell into administration earlier this month after ongoing cash flow challenges. Wilko employs around 12,500 across its 400 stores, head … [Read more...]

BRC: Food inflation falls to lowest rate since September 2022

Rises in the cost of food have fallen to their lowest since September 2022, according to the latest figures reported by the British Retail Consortium. Overall, Shop Price annual inflation decelerated further to 6.9% in August, down from 7.6% in July and below the 3-month average rate of 7.7% … [Read more...]

200 Wilko stores still at risk of closure

A large proportion of Wilko stores are at risk of closure after the household goods retailer appointed administrators earlier this month (August 2023). In an update, Joint Administrators, PwC, warned that redundancies were likely as a buyer for the retailer was sought. PwC remains open to offers … [Read more...]

Wet July dampens retailer High Street sales and footfall

Retail sales have fallen for the second time this year as last month’s wash out led to a bigger than expected drop. The latest figures from the Office For National Statistics (ONS) show sales volumes slipped 1.2% in July, following a rise of 0.6% the month before. Food stores sales … [Read more...]

Smart Works fashion sale returns to Merseyway

Women's employment charity, Smart Works Greater Manchester, is hosting a fashion sale at the Pop-Up Shop in Stockport's Merseyway Shopping Centre. Smart Works is a charity that empowers women’s independence by supporting them back into work: the organisation provides clothes and interview … [Read more...]