Wilko gives long-term commitment to keeping store open in Scunthorpe
Wilko has given a long-term commitment to keeping its store in Scunthorpe's Parishes shopping centre open
By Scunthorpe Telegraph | Posted: 1 Aug 2017
High Street retailer Wilko has given a long-term commitment to trading in Scunthorpe’s Parishes shopping centre despite a plunge in profits.
The company's annual financial report showed that last year, pre-tax operating profits had dropped £5.6 million to £18 million.
In March this year, the company announced the Parishes store would close on August 17 as it was no longer viable.
But following intervention from North Lincolnshire Council, Wilko announced the store would be staying open and told the 24 staff their jobs were safe.
The annual report, however, again sparked speculation that the store would close.
But a company spokeswoman said yesterday (Monday, July 31): "We were very surprised to hear rumours that our Scunthorpe store might be closing this summer as we have worked long and hard with North Lincolnshire Council and the landlord in order to secure a new deal for the store.
"We’re in the process of signing a new lease and are very committed to the town.
"While it has been a tough trading environment in the last 12 months, we believe strongly in our value and offer. We are investing in new stores nationwide as well as IT and the business infrastructure to ensure that we secure our business for many years to come.
"We’ll enjoy serving customers in Scunthorpe for many years to come."
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