Wilko in Bristol city centre starts administration sale with ‘reductions throughout the store’

’Administration sale’ signs have gone up at Bristol city centre’s Wilko - along with an emotional letter from the company’s chief executive officer Mark Jackson.

The homeware and living store in Union Street has reduced the price of many of its products after control of the business was passed over to administrators PricewaterhouseCoopers (Pwc) earlier this week.

Across the country, around 12,000 jobs are at risk due to the company entering insolvency. Along with Union Street in Bristol, there are Wilko stores in Queens Road in Clifton, Avonmeads and Kingswood.

PwC is looking for companies to buy parts/all of the company - and thereby keep some of the stores open. Fourteen closures before the firm fell into administration have so far been announced.

Today, we reported that Poundland, B&M, The Range and Home Bargains are among the companies reported to be in talks with PwC to keep the brand alive.

In Bristol, it was business as usual today (August 15) at the Union Street store with many shoppers entering the doors next to the large ‘adminsitration sale’ signs in the windows.

The open letter from Mr Jackson pasted up next to the entrance reads: “We’ve all fought hard to keep this incredible business intact but must concede that time has run out, and now we must do what’s best to preserve as many jobs as possible, for as long as is possible, by working with our appointed administrators.”