More big companies set to collapse in 2024, industry experts warn
It comes after another year of tough economic conditions resulted in increased business failures during 2023.
Tag: Wilko
The Range set to buy Wilko brand in £5m deal
Administrators at PwC have sought to sell off Wilko’s assets in recent weeks, including its brand and shops, after failing to secure a rescue deal.
All 400 Wilko stores to close by early October, says union
It means redundancies now look likely for all 12,500 staff at the historic high street chain.
Union criticises B&M as Wilko jobs at risk despite deal for stores
Around 1,000 Wilko jobs are at risk at shops bought by the rival retailer in a deal earlier this week.
Wilko pauses redundancies as administrators consider rescue bids, says union
The GMB union, which represents more than 3,000 of Wilko’s 12,500 staff, said it met with administrators on Tuesday morning.
‘Genuine grounds for hope’ for Wilko as bidders circle, says union
The retailer tumbled into administration last week, putting the future of its 400 shops and 12,500 workers at risk.
Wilko falls into administration with 12,000 jobs at risk
The budget retailer, which has more than 400 stores across the UK, told staff it has hired administrators from PwC.