Poundland deal will 'save' Nelson and Southport Wilko stores

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Poundland deal will 'save' Nelson and Southport Wilko stores
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. The only Lancashire store so far confirmed to be rescued this way is Nelson site

The firm has agreed to buy up to 71 of the embattled chain's shops through a deal with administrators PwC, while Southport's shop is also included in the deal.

“Once that process is complete, we will ensure a significant number of the Wilko colleagues will join our Poundland team. We recognise the last few weeks have been difficult for them and we will move quickly to secure new consents from landlords so we can offer them the certainty they deserve.” Administrators had previously struck a deal for fellow discount chain B&M to buy 51 other Wilko stores. PwC said around 3,200 Wilko staff currently work across the sites acquired by B&M and Pepco.

The announcement comes on the final day of trading for 24 Wilko stores, in the first phase of the chain’s mass closures. A further 28 shops will shut after trading on Thursday.

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