WILKO has launched a huge administration sale with discounts on thousands of products as the race to save the chain continues.

Shoppers are rushing to buy bargains from the retailer while its 400 stores remain at risk of closure.

Wilko has launched a huge administration sale

2

Wilko has launched a huge administration saleCredit: Twitter/TeeXCI
The sale includes reductions on thousands of products

2

The sale includes reductions on thousands of productsCredit: Facebook/Church Hill Blog

Signs have popped up in Wilko stores that read: “Wilko administration sale. 1000s of reductions throughout the store.”

Customers spotted the discounts in store, but Wilko administrator PricewaterhouseCoopers (PwC).is still to confirm whether the sale is taking place in all branches.

Posting on Facebook, one shopper said: “The ‘big’ Wilko Administration sale is on. 1000s of reductions.”

While another posting on X, formerly known as Twitter, shared their thoughts alongside a sad face emoji, writing: “And so it begins.”

Wilko paid out £77million to owners of the stricken retail chain
Wilko gift cards and returns policy explained as retailer enters administration

Wilko entered administration last week after failing to secure a rescue deal, putting around 12,500 jobs in jeopardy.

The budget retailer is continuing to trade from all its stores “without any immediate redundancies”, the administrators have said.

But Wilko has now stopped processing click-and-collect orders, meaning shoppers can no longer order online and pick up the delivery in their nearest store.

It had already suspended its home delivery service before administrators were appointed.

Most read in Money

While some shoppers have been left chasing missing orders after Wilko closed its helplines.

It comes as The Sun revealed that a sale could come as early as the end of next week.

It is not yet known if a buyer could save stores and the brand, or could just purchase the brick and mortar sites to use as their own.

Or, a deal could include no stores at all, instead buying up the stock or brand name.

But one major discount chain has already ruled itself out of any potential rescue bid.

Sources at Poundstretcher told The Sun it has “no interest” in rescuing Wilko from administration.

Meanwhile, fellow discounters Home Bargains and Dunelm are among the retailers offering devastated Wilko staff a new role if stores do have to close.

Across social media shoppers have been sharing their emotional tributes to the discounter, with many comparing it to the loss of Woolworths.

Chief Executive Officer, Mark Jackson, said yesterday that the company had “left no stone unturned” in a bid to save the chain.

In an emotional open letter to all staff and heartbroken shoppers, Mr Jackson thanked them for their support.

Chocaholics racing to Tesco after posh chocs slashed to £1 from £6
Gethin Jones dating First Dates star as they enjoy night in London's West End

Meanwhile, here is the full list of 400 Wilko stores at risk of closing.

For live updates keep an eye on our live blog.

Do you have a money problem that needs sorting? Get in touch by emailing [email protected].

You can also join our new Sun Money Facebook group to share stories and tips and engage with the consumer team and other group members.

This post first appeared on thesun.co.uk

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Energy bills to rocket to £3,549 a year as price cap hike confirmed – how to get help now

ENERGY bills are set to rocket to £3,549 on average per year,…

SMALL CAP IDEA: Copper producers sure to benefit from energy transition

Copper is the metal of the future. On that, almost everyone agrees.…

Cryptocurrency price news – China central bank declares crypto transactions ILLEGAL as Bitcoin cost drops on Coinbase

ETHEREUM PRICE PREDICTION CONTINUED Daniel Polotsky, founder of CoinFlip, a bitcoin ATM…

Parkrun is great for your pocket… and soul, says Lee Boyce

I’m going to start with two clichés: firstly, sometimes, the best things…