THE closing date of the Wilko store in Basingstoke has now been confirmed.

The shop in The Malls will close its doors for the last time on Thursday, October 5, as part of the company's wider shutdown.

The news comes after the hardware and furnishings retailer tumbled into administration last month because it came under pressure from weak consumer spending and debts to suppliers.

The latest set of closures in October are part of the final phase of closures, administrators PwC said.

The Wilko brand will not disappear entirely from the UK high street after The Range agreed to buy Wilko’s brand, website and intellectual property, with plans to sell the acquired brand in its stores.

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Wilko was originally founded by James Kemsey Wilkinson in Leicester in 1930 and employed 12,500 workers before its collapse.

It is expected to shut the doors of its last remaining stores on Sunday, October 8 as the collapse of the historic retailer comes to a close.

The dedicated employee team will provide support throughout the redundancy claims process, and the employee helpline will remain active to address any queries.

Zelf Hussain, joint administrator, previously expressed appreciation for the dedication shown by all team members during this challenging period.

He said: "Despite the significant and intensive efforts of both ourselves and Putman Investments - the remaining party interested in buying a significant part of the business as a going concern - a transaction could not be progressed due to the inability to reduce central infrastructure costs quickly enough to make a deal commercially viable.

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“The dedication shown by all team members during this period has been hugely humbling and we are grateful for the patience and understanding they have shown. As with those who have already been given notice of redundancy, we will guide and support those team members impacted over the coming weeks through the redundancy claims process. We also continue to collaborate closely with relevant agencies and engage with any potential employers to help facilitate a quick return into new employment for those impacted.

“We continue to work with potential buyers for different parts of the business and are confident of completing transactions in the coming days.”