Beloved British bargain retailer B&M is set to sweep up 51 of the soon-to-be-vacated Wilko shops around the UK after the business went into administration earlier this month.
Equally popular around the country, 400 Wilkos stores are shutting as we speak after PwC were appointed as administrators and the company began its insolvency process on 10 August and now, in a late effort to snap up locations at a lower price, B&M have reportedly scored a £13 million deal.
Not unlike Wilkos, B&M is loved by shoppers not only for its affordable prices but for its wild range of items — where else can you buy wallpaper, stationery, KitKats, pick-and-mix, a fluffy rug and a nice new kettle all under one roof?
While various other brands such as Poundland, Home Bargains and The Range are also looking to take over some of the other spaces, B&M is set to become the first to pick up the pieces and aid their own expansion around the UK.
Credit: B&M/Greg MacveanCredit: Manchester Arndale
As a last-minute buyer could not be found, all of Wilko’s 400 units will eventually be taken over by other outlets and with roughly 12,500 jobs on the line, employees are now desperately waiting to see if they will be thrown a lifeline.
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The deal itself was made by Canadian entrepreneur Doug Putman, the man responsible for rescuing HMV and owner of Toys R Us back in his home country, who hopes to save as many as 300 Wilko stores in the coming weeks.
However, the long-term takeover is facing the obstacle of numerous Wilko suppliers like Unilever and Procter & Gamble wanting their debts repaid before continuing to supply products.
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Other suppliers have already cancelled shipments since the chain went into administration and aren’t expected to resume for a number of weeks and with jobs already being cut at the company’s headquarters and warehouses this week, many people have already parted ways with Wilko.
All that being said, the brand established all the way back in 1930 raked in an annual turnover of approximately £1.2bn and it’s safe to those vying for the remaining stores will be plugging a significant and profitable hole in the UK shopping scene.
As a fellow affordable retailer that sells everything from groceries to hardware, furniture, electronics and more, it feels fitting for B&Ms (Billington & Mayman) to take up so many Wilkos sites. The full list of locations is yet to be revealed and it remains to be seen what other brands will pop in their place too.
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Meanwhile, companies like Aldi are telling those facing the chop to get in touch with them about potential new employment.
35% of all children in the North West are currently living in poverty, some heartbreaking new figures have revealed.
Some new research carried out to understand regional levels of child poverty, conducted by Loughborough University for the End Child Poverty Coalition, has sadly revealed over a third (35%) of all children in the North West are living in what is called ‘relative poverty’, after the cost of housing is considered – which is higher than the national average standing at 31%.
Over in the Lancashire authority of Pendle, this figure reaches 45%, making it the second highest rate of all local authorities in the country.
In Greater Manchester, both Oldham and Manchester join Pendle in the list of the 10 council areas with the highest child poverty rates in the UK, as well as Blackburn with Darwen, and Hyndburn, and to make matters worse, the North West features on the list more times than any other region nationwide.
Rusholme was identified as the Manchester area with the highest percentage rating – with more than half (51.3%) of all children there living in poverty.
88% of constituencies across the North West have a quarter of children in poverty.
This could lead to things like families being forced to use food banks, children going without warm clothes in winter, or living in cold or unsafe housing.
As a result of these shocking statistics being revealed, the End Child Poverty Coalition – which represents more than 135 organisations across the UK – is calling on the Government to meet its manifesto commitment to address these high levels of child poverty, not just in the North West but also across the rest of country.
“These figures should demonstrate to Government just how important it is to quickly address this so to prevent another generation of children from growing up in low-income families,” commented Rachel Walters, who is the End Child Poverty Coalition Manager.
“The Government’s strategy to tackle child poverty must invest in children in areas with higher levels of poverty, like the North West.”
Graham Whitham, who is a End Child Poverty Coalition spokesperson and the Chief Executive of Resolve Poverty, added: “No child should go without the things they need to be healthy and happy.
“The Government’s forthcoming national Child Poverty Strategy must demonstrate a clear ambition to ending child poverty in this country, backed by specific targets and immediate investment in social security.”
Featured Image – RawPixel
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Manchester’s ‘busiest’ road to close for annual safety checks this weekend
Manchester’s ‘busiest’ road is set to close this weekend while annual safety checks are carried out, it has been confirmed.
As Manchester City Council looks to maintain and improve what is, by far, one of Manchester’s busiest and most-used roads, given the fact it is the main thoroughfare in and out of the city centre, it has been confirmed that Mancunian Way is set to close overnight this weekend for its annual inspection.
Carried out every year, the Council explains that these closures ensure that ‘vital’ safety inspections can be conducted to allow the major road to continue operating as normal.
The overnight closure will take place from 7-8 June.
From 5am on Saturday (7 June), Mancunian Way will be closed in both directions along its entire length, including all slip roads, between the Chester Road roundabout and Fairfield Street, and this will last until 7pm on Sunday (8 June), after which the road will be open to traffic again as normal.
In the meantime while the closures are underway, the Council assures that a signed diversion route will be in place via the north and eastern ring road sections – Trinity Way and Great Ancoats Street – and a local diversion route will be signed via Bridgewater Street, Whitworth Street West, Whitworth Street, and Fairfield Street.
Manchester’s ‘busiest’ road Mancunian Way is closing for annual safety checks this weekend / Credit: Pixabay
During this period there will also be a lane closure east/westbound at the Deansgate Interchange between 6:30-9:30am, and the inbound lane of Princess Road (heading towards Manchester) between 6:30am and 11:15am.
As is to be expected with these kinds of tasks, Councillors say they are preparing for a ‘level of disruption’ but are intending to keep it to a minimum.
“The annual inspection of the Mancunian Way is a vital job which ensures that the tens of thousands of daily users of this road can go about their journey in safety,” explained Councillor Tracey Rawlins, who is the Executive Member for Clean Air, Environment, and Transport.
“We do expect a level of disruption throughout this process so wherever possible we’d advise people to travel via public transport, or plan an alternate route ahead to avoid the work locations.
Danny Jones -
5th September 2023 
