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Wilko - Going Bust



Sale is on at moment ......I expect the shop will be virtually empty by weekend.
Anyone with a Wilko card needs to be careful.
Comments
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subjecttocontract said:Looks like Wilko is going under.
Sale is on at moment ......I expect the shop will be virtually empty by weekend.
Anyone with a Wilko card needs to be careful.
What has actually happened is that Wilko have served a notice of intention which means the company will appoint administrators at the High Court.It also gives the high street store a ten-day window of opportunity to confirm a deal, whilst also being protected from action by creditors.
There are talks with potential investors.
So I really doubt that "the shop will be virtually empty by weekend".
Joules were in the same position in November 2022 but are still trading as they were rescued by Next.
I'm not saying this will happen to Wilko but it certainly is not as clear cut as you make it out to be.
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Pollycat said:subjecttocontract said:Looks like Wilko is going under.
Sale is on at moment ......I expect the shop will be virtually empty by weekend.
Anyone with a Wilko card needs to be careful.
What has actually happened is that Wilko have served a notice of intention which means the company will appoint administrators at the High Court.It also gives the high street store a ten-day window of opportunity to confirm a deal, whilst also being protected from action by creditors.
There are talks with potential investors.
So I really doubt that "the shop will be virtually empty by weekend".
Joules were in the same position in November 2022 but are still trading as they were rescued by Next.
I'm not saying this will happen to Wilko but it certainly is not as clear cut as you make it out to be.
However this statement is to give breathing space from creditors- they owe money, presumably to suppliers. Landlords, and probably the taxman. If they go into administration it would seem likely that they will come back as a new business with no liability for the existing debt, if they come back at all. And to my thinking reaching a deal without going into administration would appear unlikely.0 -
Thanks everyone for your comments. Wilko has fallen into administration – here is our story if you want to know more. We will be updating it with more information soon.Wilko falls into administration – here are your refund and shopping rights
If you haven't already, join the forum to reply.0 -
Sorry to hear about potential for 1000+ staff to lose jobs, always loved too browse in Wilko ;(They have posters in store windows "administration sale, 1000's of reductions throughout store in last few days but I've yet to find anything actually labelled reduced! Anyone got anything reduced significantly (confused)1
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adeo63 said:Sorry to hear about potential for 1000+ staff to lose jobs, always loved too browse in Wilko ;(They have posters in store windows "administration sale, 1000's of reductions throughout store in last few days but I've yet to find anything actually labelled reduced! Anyone got anything reduced significantly (confused)1
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adeo63 said:Sorry to hear about potential for 1000+ staff to lose jobs, always loved too browse in Wilko ;(They have posters in store windows "administration sale, 1000's of reductions throughout store in last few days but I've yet to find anything actually labelled reduced! Anyone got anything reduced significantly (confused)0
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Pollycat said:subjecttocontract said:Looks like Wilko is going under.
Sale is on at moment ......I expect the shop will be virtually empty by weekend.
Anyone with a Wilko card needs to be careful.
What has actually happened is that Wilko have served a notice of intention which means the company will appoint administrators at the High Court.It also gives the high street store a ten-day window of opportunity to confirm a deal, whilst also being protected from action by creditors.
There are talks with potential investors.
So I really doubt that "the shop will be virtually empty by weekend".
Joules were in the same position in November 2022 but are still trading as they were rescued by Next.
I'm not saying this will happen to Wilko but it certainly is not as clear cut as you make it out to be.
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I got some stationery items yesterday - exercise books, organisers books etc at great prices. i assume they are old designs as there are lots of full priced similar items on the shelves.
looks like a lot more on the shelves than there was a few weeks backBeing polite and pleasant doesn't cost anything!
-Stash bust:in 2022:337
Stash bust :2023. 120duvets, 24bags,43dogcoats, 2scrunchies, 10mitts, 6 bootees, 8spec cases, 2 A6notebooks, 59cards, 6 lav bags,36 angels,9 bones,1 blanket, 1 lined bag,3 owls, 88 pyramids = total 420total spend £5.Total for 'Dogs for Good' £546.82
2024:Sewn:59Doggy ds,52pyramids,18 bags,6spec cases,6lav.bags.
Knits:6covers,4hats,10mitts,2 bootees.
Crotchet:61angels, 229cards=453 £158.55profit!!!
2025 3dduvets1 -
[Deleted User] said:adeo63 said:Sorry to hear about potential for 1000+ staff to lose jobs, always loved too browse in Wilko ;(They have posters in store windows "administration sale, 1000's of reductions throughout store in last few days but I've yet to find anything actually labelled reduced! Anyone got anything reduced significantly (confused)
some other sale items in diy area seemed unchanged but there was nothing showing as on sale on shelf labels in gardening (other than blanket 30% off). There were existing signs in that area with a big sale on them so looks like they’ve cancelled some original reductions.
for regular stocked items some good bargains like 30% on stationery.0 -
adeo63 said:Sorry to hear about potential for 1000+ staff to lose jobs, always loved too browse in Wilko ;(They have posters in store windows "administration sale, 1000's of reductions throughout store in last few days but I've yet to find anything actually labelled reduced! Anyone got anything reduced significantly (confused)
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