The collapse of Wilko

Retail sector highlights

Britain / The collapse of Wilko

Wilko stores across the country are expected to close over the next few weeks with the chain struggling to find a buyer.

1 Sep 2023 , Class Consciousness Project
Capitalist crisis / Oxfam identifies inequalities in shocking detail, but provides no solution

Price-gouging is a real monopoly practice. But is it really at the root of the global economic crisis?

25 Aug 2023 ,
Pay and conditions / Pardeep Singh and Boohoo: sweatshop and semi-slavery conditions on the rise

An immigrant worker whose punishment beating was filmed by his employer serves as a stark reminder of the true face of capitalist exploitation.

6 Feb 2023 ,

Disputes / Amazon workers against Victorian working conditions and derisory pay

Despite unions being banned by Amazon, its British staff have been staging wildcat actions in defence of their right to decent pay and conditions.

11 Sep 2022 , Lalkar
Support the Felixstowe dockers!

Workers at the country’s busiest port are using their collective power to demand a pay rise in line with rampant inflation.

23 Aug 2022 ,
Pay and conditions / Sainsbury’s CEO in the money as workers feel the pinch

As conditions for the mass of workers get rapidly worse, the obscene inequalities of the system come into ever-sharper relief.

15 Jun 2022 , Proletarian
Lay-offs and closures / The day that P&O sacked all its staff: view from a worker in Dover

When capital makes decisions about its profit margins, it is real people whose lives are destroyed.

23 Apr 2022 , Proletarian
Economy / GameStop stops Wall Street

Activist amateur traders ‘driven by righteous anger’ very nearly broke at least one hedge vulture’s bank, causing panic on the stock exchange.

2 Feb 2021 , Proletarian
Lay-offs and closures / Jobless figures mount as Paperchase is latest retail chain to fail

As the economic crisis is exacerbated by repeated lockdowns, company after company is going to the wall.

7 Jan 2021 ,
Economy / Debenhams, Arcadia: Making workers pay for the crisis

Tens of thousands are set to lose jobs and suffer pension cuts, once again making workers pay the price for capitalism’s failings.

4 Dec 2020 , Proletarian
Economy / Edinburgh Woollen Mill: the vultures circle

Thousands of workers look set to lose their jobs, but the man whose fortune they made will have no trouble hanging onto his millions.

19 Nov 2020 , Proletarian
Capitalist crisis / FT spills the beans on private equity scam

The super-rich are indulging in an orgy of speculation using the ‘free money’ of low-interest debt. Who pays?

23 Aug 2020 , Proletarian
Economy / Go Outdoors ‘rescued’ – for now

Financial fancy footwork may allow the chain’s owners to sidestep onerous lease conditions as high street footfall plunges.

2 Jul 2020 ,

1
Disappearing context: West created and backed Ukrainian fascists for 85 years

The Azov battalion did not appear out of nowhere; fascism has been the imperialist tool of choice in Ukraine since the 1930s.
2
Ukraine: From coup d’état to war
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Is Washington preparing to hang its stooge Zelensky out to dry?
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How China is developing mass involvement in local governance
6
Modern monetary theory: is there a magic money tree?
7
Syria-China partnership signals defeat for USA’s regional domination war
8
Are striking doctors really ‘greedy’ and ‘uncaring’?
9
United with the peoples of the world, the DPRK is invincible
10
Macquarie stokes the roaring inflationary fires

Retail sector highlights

Britain / The collapse of Wilko

Wilko stores across the country are expected to close over the next few weeks with the chain struggling to find a buyer.

Capitalist crisis / Oxfam identifies inequalities in shocking detail, but provides no solution

Price-gouging is a real monopoly practice. But is it really at the root of the global economic crisis?

Pay and conditions / Pardeep Singh and Boohoo: sweatshop and semi-slavery conditions on the rise

An immigrant worker whose punishment beating was filmed by his employer serves as a stark reminder of the true face of capitalist exploitation.

Disputes / Amazon workers against Victorian working conditions and derisory pay

Despite unions being banned by Amazon, its British staff have been staging wildcat actions in defence of their right to decent pay and conditions.

Support the Felixstowe dockers!

Workers at the country’s busiest port are using their collective power to demand a pay rise in line with rampant inflation.

Pay and conditions / Sainsbury’s CEO in the money as workers feel the pinch

As conditions for the mass of workers get rapidly worse, the obscene inequalities of the system come into ever-sharper relief.

Lay-offs and closures / The day that P&O sacked all its staff: view from a worker in Dover

When capital makes decisions about its profit margins, it is real people whose lives are destroyed.

Economy / GameStop stops Wall Street

Activist amateur traders ‘driven by righteous anger’ very nearly broke at least one hedge vulture’s bank, causing panic on the stock exchange.

Lay-offs and closures / Jobless figures mount as Paperchase is latest retail chain to fail

As the economic crisis is exacerbated by repeated lockdowns, company after company is going to the wall.

Economy / Debenhams, Arcadia: Making workers pay for the crisis

Tens of thousands are set to lose jobs and suffer pension cuts, once again making workers pay the price for capitalism’s failings.

Economy / Edinburgh Woollen Mill: the vultures circle

Thousands of workers look set to lose their jobs, but the man whose fortune they made will have no trouble hanging onto his millions.

Capitalist crisis / FT spills the beans on private equity scam

The super-rich are indulging in an orgy of speculation using the ‘free money’ of low-interest debt. Who pays?

Economy / Go Outdoors ‘rescued’ – for now

Financial fancy footwork may allow the chain’s owners to sidestep onerous lease conditions as high street footfall plunges.

Retail sector topics

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Disappearing context: West created and backed Ukrainian fascists for 85 years

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Is Washington preparing to hang its stooge Zelensky out to dry?

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Modern monetary theory: is there a magic money tree?

Syria-China partnership signals defeat for USA’s regional domination war

Are striking doctors really ‘greedy’ and ‘uncaring’?

United with the peoples of the world, the DPRK is invincible

Macquarie stokes the roaring inflationary fires