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It will bring to a close one of the largest high street failures in recent years, with almost all of Wilko’s 12,500 workers being made redundant. Wilko to shut final shops for good after ...
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The former Wilko store in Chester reopened as a branch of Poundland. Outline of the old Wilko sign remains visible on the wooden fascia. December 2023 A Wilko branch in Maidenhead, Berkshire in the process of reopening and rebranding as a branch of Poundland in October 2023 A Wilko branch that closed its doors for the last time in late 2023
The luxury chain filed for Chapter 11 bankruptcy in the Southern Court of Texas in May 2020. [220] New York & Company shuttered all of its stores by late summer 2020 as a result of its parent company, RTW Retailwinds, filing for bankruptcy. [221] In October 2020, its remaining assets were sold to New York investment company Saadia Group. [222]
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In September 2023, it purchased the Wilko brand from administrators, maintaining its online presence, and began opening physical Wilko stores in December 2023. [3] In November 2024, it purchased the Homebase brand and up to 70 stores from administrators, with plans to rebrand the acquired stores and maintain Homebase as an online-only retailer.
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