Competitors offer interviews to Wilko staff amidst uncertain future for the retailer
90-year-old discount chain Wilko fell into administration in mid-August, leaving 12,500 jobs across 400 stores at risk.
After private equity firm MC Capital failed to provide proof of funding, leading to the collapse of its £90m rescue bid, hundreds of Wilko staff are set to lose their jobs over the coming days.
Numerous rival retailers, including M&S, Holland and Barrett, Morrisons and Hobbycraft, moved to respond with sympathetic posts on LinkedIn and offer guaranteed job interviews for vacant positions to any Wilko staff being made redundant.
In the midst of a difficult retail environment in the UK, these symbolic gestures by competing firms were well received and strongly engaged.
Although there are currently talks ongoing with the owner of HMV, raising the possibility of saving 300 shops, PwC, who is overseeing Wilko’s sale, has said it was clear that there is no viable offer to buy the whole business, leaving Wilko’s future very uncertain.