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.
The Council is giving Mancs £2,500 to move into a ‘more manageable’ home
Emily Sergeant
The Council is now offering financial help to support people moving into a smaller and ‘more manageable’ property.
Ever heard of ‘rightsizing? Well, according Manchester City Council it’s a process where a tenant in a larger social rent, Council, or Housing Association property, that may have more rooms than they need or perhaps are struggling to manage a big house as they get older, can be supported into a smaller property that better suits their needs.
The benefits of this process include cheaper bills, lower rents, and overall, just homes that are easier to clean and manage.
The aim of it is also to free up larger Council properties for families who are on the housing register – of which there are said to be around 20,000 of them currently at this time, with larger homes having some of the most significant wait times.
Are you struggling to look after a big Council or housing association home? We can help!
We are offering £2,500 to help people move into a smaller more manageable home, freeing up larger homes for families that need them.
It’s also estimated, according to the Council, that a third of all social rented family homes are thought to ‘underoccupied’.
This is why financial support and grants are now being offered.
Last year alone, 109 households were helped to ‘rightsize’ and were supported in the process by a dedicated team of Council officers, as well as benefitting from the Rightsizing Incentive Scheme – with a further 432 households having expressed interest doing so in the future.
Residents interested in ‘rightsizing’ could get a cash incentive of £2,500, which can be spent on anything they like, along with moving costs.
The Council is giving Mancs £2,500 to move into a ‘more manageable’ home / Credit: Benjamin Elliott (via Unsplash)
“Rightsizing could be a brilliant option for older people who are renting a Council home who may have spare rooms they don’t need or would benefit from looking after a smaller property,” explained Cllr Gavin White, who is Manchester City Council’s Executive Member for Housing and Development.
“Often a barrier to moving is the cost, but the Council will take care of the financial burden to help a resident move into a new home.
“The benefit for the city is that we can free up more larger homes for people who are waiting for a property that properly meets their needs. We think around a third of Council tenants could be under occupying their home, which means they could be paying more than they need to or they could be hit with the bedroom tax.”
Does this sound like you? Are you ready to ‘rightsize’? Find out more and begin the process via Manchester City Council’s website here.
Featured Image – Vitaly Gariev (via Unsplash)
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Trailer released for Netflix’s new Lucy Letby documentary with ‘unprecedented access’
Emily Sergeant
The trailer for Netflix’s new documentary about the investigation of Lucy Letby has been released.
The feature-length film about Lucy Letby – the infamous neonatal nurse who was found guilty of murdering seven babies and attempting to murder seven others under her care at the Countess of Chester Hospital – hears for the first time from the police officers who investigated the case that shook the nation.
It features never-before-seen footage of Letby during her arrests and police questioning, and even includes interviews with experts and lawyers on both sides, as well as with the hospital consultants who initially raised the alarm.
Tragically, it also includes an anonymised interview with a mother of one of the victims, who also speaks for the first time about her experience and involvement in Letby’s trial.
Produced as a result of years of research and relationship-building, the film – simply titled The Investigation of Lucy Letby – is described as being the most ‘comprehensive’ look at one of Britain’s most notorious crimes, and traces developments from her arrest to trial in chronological order.
Viewers will be given ‘unparalleled and exclusive access’ to those central to the story.
“This was an exceptional and demanding project, marked by significant creative and ethical responsibility,” commented director, Dominic Sivyer. “Our aim was to craft a powerful, emotionally resonant depiction of the events surrounding the case.”
Caroline Short, Head of Global TV at ITN Productions – who produced the documentary – added: “The access to all our contributors came with a huge responsibility to present everyone’s perspectives with care and understanding.
“We are grateful to all those people who trusted us to tell their story.”