PwC have been referred to as in to help discover a new proprietor for the shop, as CEO Mark Jackson said that his company had acquired an enormous amount of curiosity. The administrator will do its greatest to avoid wasting the company through a financial restructure, or to promote to another party if needed. It’s not the one retailer to have been hit this year- WH Smiths has stated it will not open any extra shops this 12 months, and the Boots group has introduced 300 closures. Here’s everything we know concerning the closure of Wilko thus far and the shops affected. The homeware store has four hundred stores in the UK, with the potential closure placing 12,000 jobs on the line. Wilko is the latest major British retailer to fall within the collapse of the high street, as the chain introduced that it’s going into administration on Thursday.
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Wilko Closures: Which Retailers Have Shut And What Might Occur Next As Retailer On Brink Of Collapse
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