Wilko

A further 9,100 Wilko employees will be made redundant by early October, administrators have said.PricewaterhouseCoopers (PwC) failed to reach a deal to save any significant part of the retailer after it collapsed into…

A sign of British high-street retail chain "Wilko" is pictured, in west London on August 3, 2023. — AFPUK homeware discount retailer Wilko has collapsed into administration, a form of creditor protection that could mean a loss of…

The specialist retail investor which owns Homebase has pumped millions of pounds of additional funding into Wilko to help salvage its future.Sky News has learnt that Hilco has agreed to lend about £5m to Wilko as the general…

The family behind the value retail giant Wilko is exploring a change of ownership for the first time in a bid to salvage the chain's future.Sky News has learnt that advisers to Wilko have begun sounding out potential buyers of…

Wilko, one of Britain’s biggest discount retailers, is racing to secure a cash injection as it prepares to launch a financial restructuring aimed at securing its future.Sky News has learnt that Wilko, which is owned by its…

The discount retailer Wilko has drafted in property advisers ahead of crunch talks with landlords about slashing rents across its store estate.Sky News has learnt that the general merchandise chain is working with CBRE ahead…

Wilko, the general  merchandise retailer, has secured a £40m funding lifeline from one of the high street's most prolific investors.Sky News has learnt that the company, which last year warned that it could run out of cash,…

High street chain Wilko has apologised and backtracked after telling staff in England to show up for work at stores even if they test positive for Covid. Guidance issued to workers from March 1 said: 'If you test positive for Covid and feel…

Retailer Wilko has revealed plans to close 15 stores this year, placing hundreds of jobs at risk.The firm said the stores affected will close as leases end and favourable terms cannot be agreed, adding it will not affect its…