Wednesday, June 26, 2024
HomeNewsArmley: Wilko redundancies suspended after late bids for high street business

Armley: Wilko redundancies suspended after late bids for high street business

Job losses at Wilko stores across the country have been paused after administrators agreed to assess last-minute rescue bids for the high street chain.

GMB Union met with administrators yesterday morning (Tuesday) to discuss multiple bids which have been made for the discount retailer. 

The chain recently collapsed into administration, which has put 12,500 jobs at risk, including staff at its store in Armley.

Andy Prendergast, GMB National Secretary urged caution over the bids. He said: “While this is a positive development, Wilko is not out of the woods by any means and this is a time of incredible stress and worry for the 12,500 workers who face losing their jobs.”

About 400 shops across the UK are also at risk of closure. Wilko also operates a head office and two distribution centres.

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