The majority of remaining Wilko stores are set to shutter \u201cwithin weeks\u201d and redundancies are expected to begin after the embattled retailer failed to secure a buyer, the GMB Union has warned.\u00a0\r\n\r\nThe union said it was recently informed by administrators that there was \u201cno longer any prospect that the majority of the business will be saved\u201d. It added that redundancies for staff in store and at call centres will therefore begin in the coming week.\u00a0\r\n\r\nAccording to GMB, some stores may be bought, either individually or as part of larger packages, but \u201csignificant job losses are now expected\u201d.\u00a0\r\n\r\nMeanwhile, joint administrators Jane Steer, Zelf Hussain and Edward Williams of PwC said that in the immediate term, all stores will remain open, continue to trade and staff continue to be paid, and that \u201ccontrary to speculation, there are currently no plans to close any stores next week\u201d.\r\n\r\nThey said: \u201cSince our appointment as administrators of wilko we have held extensive discussions with parties who expressed an interest in buying all or part of the business.\u00a0\r\n\r\n\u201cWhile discussions continue with those interested in buying parts of the business, it\u2019s clear that the nature of this interest is not focused on the whole group. Sadly, it is therefore likely that there will be redundancies and store closures in the future and it has today been necessary to update employee representatives.\u201d\r\n\r\nThey added: \u201cWe know this will further add to the uncertainty felt by workers. We will be supporting staff through this deeply unsettling time, working closely with the government, JobCentre plus, unions and large employers to maximise possibilities for a rapid return to work for employees in the event of redundancies.\u201d\u00a0\r\n\r\nAndy Prendergast, GMB National Secretary, said: \u201cGMB Union will continue to support members through this process and will fight to ensure members are consulted as per the law and that you receive every penny you are entitled to.\u00a0\r\n\r\n\u201cWe will fight to ensure Wilko bosses are held accountable for the simple reason our members deserve so much better. GMB will not forget the incompetence that has led to this collapse and will we not forget the dividends paid to the millionaires who gambled your jobs on their whims.\u201d\u00a0\r\n\r\nWilko has been contacted for further comment.