PwC, administrators for Wilko, have today (September 12) agreed to sell 71 of the collapsed retailer’s shops to Poundland owner Pepco.
These sites will be turned into Poundland shops and former Wilko staff will be given priority for the new jobs created when they open.
Brentwood’s Wilko at Unit 8 in The Baytree Shopping Centre is among those set to become a Poundland shop, as is Barking’s store in East Street.
RELATED NEWS: East London Wilko stores could shut after deal collapses
Poundland anaging director Barry Williams said: “In the coming weeks we will work quickly with landlords so we can open these stores as Poundlands.
“Once that process is complete, we will ensure a significant number of the Wilko colleagues will join our Poundland team,” he added.
Poundland said its new lease agreements are set to be completed in “early autumn”, and it aims to open the stores by the end of 2023.
Additional reporting from PA.
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