danish.cm01
Wilko 16 : reveals plans to shut 16 stores this year in another blow for the High Street putting hundreds of jobs Bio Wiki Facebook Twitter Business
Wilko 16 Wiki
Wilko 16 Biography
What is Wilko 16 ?
Wilko plans to close 16 stores this year, the retailer announced today, in a further blow to the High Street that could lead to hundreds of job losses .
The firm said affected stores will close when leasing contracts end and favorable terms cannot be agreed, adding that it will not affect its new store openings or relocation program .
The GMB union said it was "another nail in the High Street coffin" as Wilko admitted that the way people shop is "changing". The chain has over 400 branches across the UK in total and is investing heavily in online retail .
The firm said affected stores will close when leasing contracts end and favorable terms cannot be agreed, adding that it will not affect its new store openings or relocation program.
Erome Saint-Marc, CEO of Wilko, said: “Our history is built on serving our customers and communities dating back to 1930, but there is no denying that the way people shop with us and where they want to shop with us it is changing.
“As a business, we are evolving and this includes working with owners for more favorable terms, as well as searching for store locations and formats .
'We will continue to come together to improve our business and secure the future of more than 16,000 team members.
'We will do our best to support our affected team members, who will be offered the available positions in nearby stores.
Wilko 16 : reveals plans to shut 16 stores this year in another blow for the High Street putting hundreds of jobs Bio Wiki Facebook Twitter Business
Wilko 16 Wiki
Wilko 16 Biography
What is Wilko 16 ?
Wilko plans to close 16 stores this year, the retailer announced today, in a further blow to the High Street that could lead to hundreds of job losses .
The firm said affected stores will close when leasing contracts end and favorable terms cannot be agreed, adding that it will not affect its new store openings or relocation program .
The GMB union said it was "another nail in the High Street coffin" as Wilko admitted that the way people shop is "changing". The chain has over 400 branches across the UK in total and is investing heavily in online retail .
The firm said affected stores will close when leasing contracts end and favorable terms cannot be agreed, adding that it will not affect its new store openings or relocation program.
Erome Saint-Marc, CEO of Wilko, said: “Our history is built on serving our customers and communities dating back to 1930, but there is no denying that the way people shop with us and where they want to shop with us it is changing.
“As a business, we are evolving and this includes working with owners for more favorable terms, as well as searching for store locations and formats .
'We will continue to come together to improve our business and secure the future of more than 16,000 team members.
'We will do our best to support our affected team members, who will be offered the available positions in nearby stores.