Another 9,100 Wilko employees will be laid off in early October, administrators have said.
PricewaterhouseCoopers (PwC) failed to strike a deal to save any significant part of the retailer after it collapsed in the administration last month.
“It is expected that all stores will be closed by early October, resulting in the redundancies of an additional 9,100 employees in these stores,” PwC said.
It comes after Sky News revealed a the rescue deal involving the owner of HMV had collapsed.
PwC has previously announced around 1,600 redundancies at Wilko and confirmed that 52 stores would close this week after failing to find a buyer for them.
Read more: Full list of Wilko stores to close this week
Administrators said in their statement on Monday: “Staff at 124 stores have today been informed that these outlets will close on or before Thursday 21 September.
“Times for the closure of the remaining 222 stores will be announced in due course.”
earlier, Sky News reported that 400 branches of the collapsed retailer would close in early October with the “likely” loss of all 12,500 jobs at the chain, according to GMB.
This was told by GMB boss Gary Smith Sky News’ Politics Hub with Sophy Ridge that Wilko would cost taxpayers “tens of millions of pounds” – and that a quarter of Wilko workers are not getting severance pay.
He added that the law prioritizes creditors over job protection, which has led to this situation.
Smith argued that because of the lack of proper consultation and the resulting redundancies, “the taxpayer is going to pick up the bill” for costs relating to redundancy payments, lack of consultation and potential termination payments amounting to tens of millions of pounds.
Although other companies are still in the process of taking over some of Wilko’s stores, GMB said these were only interested in the property and any deals would not include workers.
B&M European Value Detail has already agreed to buy 51 Wilko stores which is set to be rebranded. It is unclear whether the discount chain will continue or rehire any of the Wilko staff at the branches.
A retail executive close to the situation said PwC was also looking to strike a deal with the owner of Poundland to offload a further 100 Wilko outlets.
The 93-year-old chain, which was founded in 1930 in Leicester, collapsed after being hit hard by inflationary pressures, competition from rival retailers and supply chain challenges.
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Zelf Hussain, joint administrator at PwC, said: “As with those already notified of redundancy, we will guide and support the team members affected over the coming weeks through the redundancy claims process.
“We also continue to work closely with relevant agencies and engage with potential employers to help facilitate a rapid return to new employment for those affected.
“We continue to work with potential buyers for various parts of the business and are confident of completing transactions in the coming days.”
The following stores will be closed on Tuesday 12 September:
Cardiff Bay Retail Park
Liverpool Edge Lane
The following stores will close on Thursday 14 September:
Barrow in Furness
Queen Street Cardiff
The following stores will be closed on Tuesday 19 September:
Hessle Road – Hull
The following stores will close on Thursday 21 September:
Clacton on the sea
Parc Trostre Llanelli
Tamworth Retail Park
Walton on the Thames
Wheatley Retail Park