All 300 remaining Wilko stores are set to close by early October, and the retailer’s entire staff are “likely” to lose their jobs, after HMV owner Doug Putman’s attempt to rescue hundreds of the collapsed retailers’ shops from administration fell apart.
Putman, who led the turnaround of HMV, had reportedly been in talks about saving around 200 of Wilko’s 400 shops, having initially hoped to buy as many as 300. However, he has now said that he would not participate in the bidding.
