A union says Wilko, which has a store in Lancaster, will disappear from the High Street early next month, after a rescue deal collapsed.
The GMB said it was informed by administrator PwC of the development on Monday morning. It comes after a deal involving the owner of HMV fell through.
All 400 branches of collapsed retailer Wilko will close by early October with the "likely" loss of all 12,500 jobs at the chain, according to the GMB.
PwC, who haven't commented, previously announced around 1,600 redundancies and confirmed that 52 stores would shut this week after it failed to find a buyer for the outlets.
The Lancaster branch on Penny Street is not on the list, but it’s understood a further wave of store closures will be announced tomorrow (September 12).
Wilko - owned by the founding Wilkinson family for decades - collapsed into administration last month.
In a statement, the GMB said: ‘’We are incredibly sorry to have to share the devastating news that PWC have confirmed the previous offer being explored for the sale of hundreds of stores as a going concern has fallen through.
‘’There is now no prospect of saving the remaining store estate in its entirety and all Wilko stores will close by early October.
‘’Although separate bids may be made for leases of groups of sites, these deals will not secure jobs, although the option to take up new employment with the bidders for these sites is something we are now pushing for.
‘’This is not the news our members or the GMB had been hoping for or working towards.
‘’We share the sorrow and anger of every Wilko team member today.
You deserved so much more than this and we will continue to work so you are treated with the respect you deserve during the remaining days and wind down and we will not stop working to ensure those responsible for this debacle are held to account in the future.
Wilko was far more than a brand, a retailer or the products, it was the thousands of loyal team members now facing an uncertain future. It may have ceased genuinely being a family brand many years ago, but you, the staff kept the real family ethos of Wilko alive until the very end. We know it is the family you have made for yourselves that will be so sorely missed.
The second round of store closures will take place between the 19 – 21st September and will involve 124 stores.
GMB continue to do everything we can to save as many jobs as possible. We have always been open about looking at all the bids for the business and have always put our members’ interests first.’’
B&M European Value Retail has already agreed to buy 51 Wilko stores which are set to be rebranded.
Guys Thatched Hamlet closes suddenly after 46 years
Teenager spared jail for causing death of newborn child in Morecambe
Morecambe Town Council agrees budget and 2.46 per cent rise in Council tax share
Builders of new Lancaster housing development offer £2k cash pot to community groups
Lancaster centre welcomes mayor for opening of new community kitchen
Lancaster shop to close as high street gaming chain faces administration
Jim Bentley returns for second spell as Morecambe FC manager
Ashvir Singh Johal’s reign as Morecambe manager comes to an end
Lancaster writer's ghost story of Morecambe to be voiced by acting legend on Radio 4
Change of name announced for popular Morecambe bar
Opening announced for new Morecambe bistro inside former post office
Health watchdog report shows improvements to services at Royal Lancaster Infirmary
LISTEN: How Leo's Gym is making a difference in memory of young Morecambe boxer
LISTEN: Lancaster set to celebrate Chinese New Year
Lancaster’s Vue Cinema under new ownership
Lancaster city centre car park to close ahead of "catalyst for the development of the Canal Quarter"
Crews tackle commercial building fire in Lancaster
Heritage plaque to mark first Lancaster University site and Gillow factory
Heysham men appear in court in connection with death of cyclist in Morecambe
Fundraiser launched for Heysham family who lost everything in house fire
