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Sandra Halliday Published
August 31, 2025
Major name homewares, household goods and personal care/beauty retailer Wilko is to make 269 support centre staff redundant, its administrator PwC confirmed on Thursday, despite the prospect of a deal to rescue a big part of the business.
In bad news for the staff, PwC had said that no parties who are interested in buying the firm are prepared to take on the whole of the group.
But a report also said that a partial rescue might be on the cards. Sky News reported that HMV owner Dough Putman is edging closer to an agreement that could save over 8,000 jobs. Wilko employs over 12,000 people in total.
More redundancies at its two distribution centres were thought likely to be announced next week, although if a deal happens, it's not certain whether these will go ahead.
Any more job cuts would be a major blow coming so soon after it had seemed that a last-minute rescue bid for the whole business might happen.
But at one low point on Thursday it looked like a worst-case scenario in which some of the business's stores would be sold off to the queue of value retailers who appear to be lining up to buy them might be the best we could hope for. And there's still a chance that only the brand cold be bought with reports that both OnBuy and The Range would be interested in such a deal.
Were most of the 12,000+ jobs to be lost, Wilko would take its place among the ranks of the biggest-ever retail jobs wipeouts in Britain.
But the Sky report suggested Putman could acquire more than 300 of the existing 400 stores and salvage at least two-thirds of the jobs at the chain.
It said a deal could be announced in the next few days but some uncertainty remains for now and it’s too soon to celebrate until an agreement is signed, sealed and delivered.