Popular British bargain retailer B&M is set to buy up 51 Wilko stores around the UK after the business sadly went bust earlier this month.
400 Wilkos stores are soon to shut down after PwC were appointed as administrators on 10 August and now, in a late effort to snap up the locations for cheap, B&M has reportedly secured a £13 million deal to take over dozens of sites, as per The Manc.
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, pick-and-mix and a brand-new telly all in one visit?
While other brands like Poundland, Home Bargains, The Range and more are also looking to take over some of the other soon-to-be-vacant stores, B&M looks to be the first to have secured multiple units.
Credit: B&M/Greg Macvean
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.
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 'the majority' of 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.
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 company which has been going since 1930 raked in an estimated turnover of approximately £1.2bn a year and it's safe to those vying for the remaining stores will be plugging a significant and still highly profitable gap in the UK retail market.
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.
New regulations are set to be put into place as part of the Briggate Action Plan.
Proposals for the plan, aimed at making some of the city centre’s busiest areas safer for everyone, received a huge amount of support during a public consultation last year.
Since then, the council have been drawing up the necessary regulations and signage, with the new rules now due to officially come into place over the next few months.
Once implemented, the action plan will mean a requirement to walk bicycles and e-bikes within the city centre’s pedestrianised shopping area from 10.30am until 8pm every day.
That means no surprise bicycles will try and run you over as you're doing your shopping, hooray!
The action plan will also introduce prohibitions around certain street trading activities in targeted areas, including mobile street traders.
Extended restrictions will be put into place during major city centre events including Leeds Pride, Light Night Leeds and the Leeds Christmas Market.
Anyone breaking the new rules could be given a £100 Fixed Penalty Notice.
A spokesperson for Leeds City Council, said: “The city centre welcomes hundreds of thousands of visitors each year, and our aim is for every one of them to have the best and safest possible experience of Leeds.
“Through this action plan, we’ve taken important and meaningful steps to address issues which the public have consistently told us were impacting their enjoyment of the city centre whilst also creating potential safety issues for shoppers and pedestrians.
“With these new regulations in place, our hope is that both day-to-day visits and major events will now be even more enjoyable, successful and welcoming.”
The new restrictions on pedlars are expected to be in place from Thursday 1 October, with restrictions on bikes in pedestrianised areas due to be in place by the end of the year.
Everything you need to know about the Government’s new digital ID alternative for alcohol sales
Emily Sergeant
Licensed venues across England and Wales now have the choice to be able introduce digital proof of age for alcohol sales alongside physical.
Instead of having to hand over physical ID that contains personal information, such as names and home addresses, customers now have the choice to simply provide confirmation that they are 18 or over on their phone - helping to better protect privacy and personal safety in the process.
This means that, no matter whether you're buying a drink at your favourite pub, heading to a festival, or enjoying a night out at a concert, you won’t need to worry if you've left your ID at home.
According to the Government, this new change will benefit businesses greatly too, as certified digital services are able to check that an ID is genuine and belongs to the person presenting it much easier than the alternative can, which therefore helps to reduce the risk of any fake or borrowed IDs going undetected.
Well, according to the Government, it could be as simple as a customer showing a QR code for staff to scan, or tapping their phone against a compatible reader, where staff will then receive a clear confirmation on their device that the customer has passed the age check.
This change follows a 2024 Government consultation where it was reported that 72% of respondents supported the use of digital identities for age verification when buying alcohol.
Digital Government Minister Stephanie Peacock reiterated that 'it will remain an individual or business’ choice whether to use or adopt [digital ID]' and that physical ID will 'still remain a valid way' for customers to prove their age.
"This groundbreaking change in the law will mean you do not need to carry a physical ID, nor hand over sensitive personal information such as your name or address just to prove your age, allowing everyone to feel safer on a night out," she concluded.