Wilko has shared its plans to move forward following retailers announcement that 400 jobs would be lost. The household and garden retailer which has its headquarters in Nottinghamshire said has created a new senior leadership team to help stabilise the business and speed up the turnaround.
The business, which is the 23rd largest retailer in the UK, has cut hundreds of jobs from its 16,000 staff members, including 95 workers at its contact centre in Worksop. Wilko’s new CEO Mark Jackson, said: "We’ve already begun our turnaround programme to drive Wilko forward.
"As part of this we quickly identified significant changes to the Wilko operating model to enable us to stabilise the business, and then thrive again." He explained that the business has reviewed its strategic plan and set three key priorities to focus on going forward, which include getting the business in better shape, driving sales both instore and online, and driving down operating costs.