Tag: food crisis

Wilkos Announces They’re In Administration Putting 12,000 Jobs At Risk

Wilko has today announced that they have entered into administration which has put 12,000 jobs at risk.

Sadly Wilko’s have found themselves unable to find emergency investment which could have saved 400 shops across the UK.

Sadly it’s likely to be the end for the business which has been trading since 1930.

In an interview conducted by BBC News the firm’s boss, Mark Jackson, has been quoted as saying ‘management had “left no stone unturned” in its attempts to save the company.

“But we must concede that with regret, we’ve no choice but to take the difficult decision to enter into administration,” he said.

What happens next?

If Wilkos fails to find another business to buy any of the shops or parts of the business out of administration they will become the biggest High Street casualty this year.

It’s expected that Administrators are to be appointed later on Thursday (today), however it will continue to trade as normal for now.

GMB union told BBC News that the collapse was “entirely avoidable”.

National officer Nadine Houghton said: “GMB has been told time and time again how warnings were made that Wilko was in a prime position to capitalise on the growing bargain retailer market, but simply failed to grasp this opportunity.”

Although the business has been struggling for some time, the depths of its problems emerged last week when it announced its intention to appoint administrators.

This gave Wilko 10 days to secure a rescue. However, it was unable to strike a deal within that timeframe.

Wilkos have had a significant level of interest which had included indicative offers that would have met all their financial criteria to recapitalise the business

But without the surety of being able to complete the deal within the necessary time frame and given the cash position, they’ve been left with no choice but to take this upsetting action.

Why is this happening?

Wilko has been struggling with sharp losses and a cash shortage for a long time now.

They had already borrowed £40m from Hilco which is a business restructuring specialist. The company had previously cut the amount of employees, had overhauled it’s leadership team and sold off a distribution centre which was vital to the running of the business.

Whilst most Wilko’s stores are in High Street locations this has proven to be very costly for them as many, not all customers have moved to shop at bigger retail parks and out-of-town locations.

The pandemic also changed the shopping habits of many combined with the cost of living crisis which is having a massive impact on high street shopping.

Sadly Wilko’s has also faced strong competition from rivals such as B&M and Home Bargains as shoppers are now seeking out bargains.

Sadly Wilko’s failed to adapt their business to the changing shopping habits of their customers which is one of the reasons why the business has entered into administration.

Richard Lim, chief executive at Retail Economics a retail consultancy commented saying that a combination of rising costs, lower customer demand and fierce competition is what ultimately pushed Wilko to “breaking point”.

“Against the backdrop of seismic shifts in consumer behaviour and the intense pressure on margins, the business was too slow to react to these mounting challenges and paid the ultimate price,” he said.

The company, founded in Leicester, is still owned by the same Wilkinson family..

When Woolworths ceased trading in 2008 they were quick to fill the gaps in the high street that were left.

Why am I writing about this in my blog?

Wilko’s has long been a staple of the high street, and is still used by many to buy essential household products. It’s accessible for those without cars and are usually easily accessed by public transport.

Retail parks are catered towards car drivers and aren’t easy for non car drivers to access.

Many of the 12,000 employees have worked there for many years and hold their work colleagues in great regard. It’s going to be an awful shock for them when they enter the world of unemployment and the cruel DWP system.

The DWP won’t have any sympathy for them and the stress that they put upon claimants is unbelievably cruel, forcing many to rely upon food banks to survive.

My thoughts and sympathies are with all Wilkos employees and their families, including their customers that relied upon the company for their shopping requirements.

It’s indeed a sad day for the high street, one that won’t be forgotten by many.

My photo

Wilkos Announces In Administration Putting 12,000 Jobs At Risk

Wilko has today announced that they have entered into administration putting 12,000 jobs at risk.

Sadly Wilko’s have found themselves unable to find emergency investment which could have saved 400 shops across the UK.

It’s likely to be the end for the business which has been trading since 1930.

In an interview conducted by BBC News the firm’s boss, Mark Jackson, has been quoted as saying ‘management had “left no stone unturned” in its attempts to save the company.

“But we must concede that with regret, we’ve no choice but to take the difficult decision to enter into administration,” he said.

What happens next?

If Wilkos fails to find another business to buy any of the shops or parts of the business out of administration they will become the biggest High Street casualty this year.

It’s expected that Administrators are to be appointed later on Thursday (today), however it will continue to trade as normal for now.

GMB union told BBC News that the collapse was “entirely avoidable”.

National officer Nadine Houghton said: “GMB has been told time and time again how warnings were made that Wilko was in a prime position to capitalise on the growing bargain retailer market, but simply failed to grasp this opportunity.”

Although the business has been struggling for some time, the depths of its problems emerged last week when it announced its intention to appoint administrators.

This gave Wilko 10 days to secure a rescue. However, it was unable to strike a deal within that timeframe.

Wilkos have had a significant level of interest which had included indicative offers that would have met all their financial criteria to recapitalise the business

But without the surety of being able to complete the deal within the necessary time frame and given the cash position, they’ve been left with no choice but to take this upsetting action.

Why is this happening?

Wilko has been struggling with sharp losses and a cash shortage for a long time now.

They had already borrowed £40m from Hilco which is a business restructuring specialist. The company had previously cut the amount of employees, had overhauled it’s leadership team and sold off a distribution centre which was vital to the running of the business.

Whilst most Wilko’s stores are in High Street locations this has proven to be very costly for them as many, not all customers have moved to shop at bigger retail parks and out-of-town locations.

The pandemic also changed the shopping habits of many combined with the cost of living crisis which is having a massive impact on high street shopping.

Wilko’s has also faced strong competition from rivals such as B&M and Home Bargains as shoppers are now seeking out bargains.

Regrettably Wilko’s failed to adapt their business to the changing shopping habits of their customers which is one of the reasons why the business has entered into administration.

Richard Lim, chief executive at Retail Economics a retail consultancy commented saying that a combination of rising costs, lower customer demand and fierce competition is what ultimately pushed Wilko to “breaking point”.

“Against the backdrop of seismic shifts in consumer behaviour and the intense pressure on margins, the business was too slow to react to these mounting challenges and paid the ultimate price,” he said.

The company, founded in Leicester, is still owned by the same Wilkinson family..

When Woolworths ceased trading in 2008 they were quick to fill the gaps in the high street that were left.

Why am I writing about this in my blog?

Wilko’s has long been a staple of the high street, and is still used by many to buy essential household products. It’s accessible for those without cars and are usually easily accessed by public transport.

Retail parks are catered towards car drivers and aren’t easy for non car drivers to access.

Many of the 12,000 employees have worked there for many years and hold their work colleagues in great regard. It’s going to be an awful shock for them when they enter the world of unemployment and the cruel DWP system.

The DWP won’t have any sympathy for them and the stress that they put upon claimants is unbelievably cruel, forcing many to rely upon food banks to survive.

My thoughts and sympathies are with all Wilkos employees and their families, including their customers that relied upon the company for their shopping requirements.

It’s indeed a sad day for the high street, one that won’t be forgotten by many.

My photo

Huge Rise In People Rehoming Pets

The charity the Dogs Trust has reported a huge rise in the number of people trying to rehome their pets.

The RSPCA have also seen that animal shelters and rehoming organisations have also seen a massive rise in animal rehoming saying that they are ‘drowning’ in animals as the cost of living and energy crisis continues to hit hard.

According to figures given by the Dogs Trust the number of pet owners attempting to rehome their dogs had risen hugely last year and continues to do so. Many shelters are now experiencing long waiting lists. Also seen is an increase in setting up pet food banks to help prevent people from having to re-home their pets.

Between 1 January 2022 and 31 October 2022 the Dogs Trust received 42,000 inquiries from dog owners about rehoming which is a rise of almost 50% on the same period in 2021. Sadly these figures show no sign of decreasing.

Amanda Sands, centre manager at Dogs Trust Leeds, said she had never seen such high demand in three decades of working at the shelter.

There’s people bringing in their dogs that at one time would’ve said: ‘I will never give my dog up.’ And they meant it,” she said. “And now they’re faced with the situation where they have no choice. To have to say goodbye to your friend, it’s unbearable. It’s unthinkable.”



The Association of Dogs and Cats Homes (ADCH), in conjunction with ITV’s Tonight programme, surveyed more than 60 animal shelters across the country about how they were responding to the cost of living crisis.

The figures showed 92% of shelters were seeing more people wanting to hand over a dog compared with pre-pandemic levels, and 88% were seeing more people wanting to hand over cats.

More than half were planning on opening pet food banks to respond to the crisis, and 30% were thinking about providing low-cost or free veterinary care.

Sadly these numbers are increasing as people can no longer afford to buy food for their pets. They are also finding it near impossible to pay for any vet bills that may occur.

The RSPCA also reported in 2022 a 24% increase in pets being rehomed as shelters report that they can’t keep up with rehoming requests.

Also back in 2022 75 families were using a food bank at the Blue Cross Animal Hospital in Grimsby every week.


Mark had been using the food bank for several months to help pay for specialist dog food for his staffordshire bull terrier Roxy. This has helped him save £60 a month on food. “She’s part of the family. We’d sooner go without ourselves then give Roxy up,” he told the Tonight programme.


Meanwhile a YouGov and Dogs Trust poll that was made in conjunction with the Tonight programme found that 48% of dog owners were saying they now are now finding it more difficult to provide their pets everything that they need because of the cost of living crisis.

Understandably vet bills topped the list of concerns which was followed by the rising cost of dog food and pet insurance costs.

Roll forward to 2023 I can only imagine that these figures are rising. It’s difficult to find a foodbank that provides dog and cat food although there are some that do.

No one wants to rehome their pets, it’s a decision that is usually made when they’ve exhausted all other means of providing the essentials for their pets.

As the cost of living and energy cost crisis continues there’s no doubt that the most vulnerable will undoubtedly pay the highest price.

Photo by Ahsanjaya on Pexels.com

Please like, share, tweet and email my blog. It’s extremely vital that we raise awareness and it’s the best way of doing it.

A huge thanks to everyone that shares and has supported my blog throughout the years I’ve been writing.

Financially it’s a huge struggle for me this week I’ve had £5 to last me and my daughter a week after paying my bills.

If you want to donate to help and can afford to there’s a donate button at the top and side of this blog post..

Thank you.