"We are delighted to have acquired this brand and we will ensure that the Wilko brand will continue to deliver for the UK consumer, both in-store and on-line. The Range, which runs 210 stores across the UK, has said it will also offer click and collect on products from .Īlex Simpkin, chief executive officer of The Range said: "This acquisition comes at a time when consumers are more than ever wanting to shop with confidence for value and quality. The deal, for an undisclosed sum, will also see 36 workers from Wilko's digital team transfer over to the Range. PwC said it expects Wilko's online operations to restart under the new ownership once the closure of Wilko's remaining stores is completed in early October. Wilko's name will not disappear from high streets for good as a result of the deal, with The Range confirming that it will sell Wilko products "in-store". The Range has sealed a deal to buy Wilko's brand, website and intellectual property. It is reshaping itself and while it does so of course we are very determined to help it, such as with the £13.6 billion of rates relief over the next five years." "I don't accept his premise the high street is dead, not at all. It is a very competitive marketplace, the world of retail, of course. Mr Hollinrake replied: "Of course we are very concerned by the families affected by Wilko's demise. "So in light of that, does the Government really believe their current policy environment is sufficient for British high streets to thrive?" However, what is most concerning is that no rescue has proved possible because several bidders have said that town centre retail is just no longer a viable business model. In the Commons, Labour frontbencher Mr Reynolds said: "The loss of Wilko is a significant blow to the nation's high streets. But shadow business secretary Jonathan Reynolds said the loss of Wilko was a "significant blow to the nation's high streets", and warned the Government's response did not "match the scale" of the problems facing town and city centres. The British high street is not dead but merely changing, ministers have insisted, after Labour accused the Government of "giving up" on retail following the collapse of Wilko.īusiness minister Kevin Hollinrake insisted high street shopping is "reshaping itself". "The fact is sometimes these things do happen, is it not a reflection of the Government."īritish high street is not dead, minister insists We've been supporting with helping to find bidders. "But our department has actually been supporting not just the business but also discussing with unions on what the best way forward is. The Business and Trade Secretary replied: "We are all very sad that a well known business like Wilko, with a strong presence on many high streets across our constituencies, has had to enter administration and my thoughts are with employees who have been made redundant. "Do I explain to the fantastic staff there and their appreciative customers that this, mass redundancies and empty shop fronts, is what the Conservatives mean by levelling-up?" She told MPs: "This weekend, like most weekends, I will visit Wilko in Newcastle city centre. Newcastle Central Labour MP Chi Onwurah pressed Business and Trade Secretary Kemi Badenoch about the collapse of Wilko in the House of Commons. Newcastle MP Chi Onwurah raises collapse of Wilko in House of Commons Here's the full list of Wilko stores that will close for good on Monday, September 15, including two in our region: Wilko stores to shut on Monday, September 25
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