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UK's Wilko store closures to result in 9,100 job losses - PwC

Published 11/09/2023, 18:10
Updated 11/09/2023, 18:16
© Reuters. A branch of the discount retail homeware store Wilko is seen in Altrincham, Britain, September 11, 2023. REUTERS/Molly Darlington

LONDON (Reuters) - Administrators of British homeware and household goods discount retailer Wilko plan to lay off over a further 9,100 workers, PwC said on Monday, with all stores expected to be closed by early October.

© Reuters. A branch of the discount retail homeware store Wilko is seen in Altrincham, Britain, September 11, 2023. REUTERS/Molly Darlington

"Despite extensive efforts, it has become clear that no significant part of the Wilko operations can be rescued as a going concern," PwC said in a statement.

"We continue to work with potential buyers for different parts of the business and are confident of completing transactions in the coming days."

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