First former Wilko Poundland stores to open this weekend
The first Poundland stores in former Wilko branches are set to open this weekend (Saturday 30th September).
The retailer will be opening the new stores in Barking, Eccles, Jarrow, Leigh, Maidenhead, Nelson, Scunthorpe, Southport, Stafford, and Stockport.
Earlier this month, Poundland agreed to take the leases of 71 Wilko stores. Poundland said that the leases it had taken on are largely in areas where it has a “limited presence”.
Wilko fell into administration in August after a difficult post-Pandemic period saw lower footfalls and a decline in consumer spending due to the cost-of-living crisis. At the time, it employed over 12,500 members of staff.
Darren Kay, retail director and Poundland, said: “We’re pleased to be able to re-open so quickly – not least because our ambition is to provide job opportunities for former Wilko colleagues.
“Of course, we’re not yet in a position to offer our fullest ranges in these stores, but we know customers will appreciate a shop that’s open, trading and employing colleagues to one that’s got its shutters closed.”
Despite the closure of all Wilko stores, the brand is set to remain on high streets, trading through The Range, which purchased the retailer’s intellectual property.
Rival retailer B&M also acquired up to 51 Wilko stores in a deal worth £13m.