There are “real grounds for hope” for the best way ahead for extreme street retailer Wilko, consistent with the GMB union, after the company entered administration, endangering 12,500 jobs. The union met with administrators PwC as part of the formal session course of and confirmed there had been “expressions of curiosity” from potential customers. These […]
Tag: ailing
Wilko administrator units bidders deadline for purchasing ailing chain
Bidders for the ailing retailer Wilko have been given until Wednesday to desk offers for the company after its collapse into insolvency remaining week. Sky Information has learnt that PricewaterhouseCoopers (PwC), which was appointed as administrator on Thursday, is looking for offers by the middle of this week as Wilko faces figuring out of cash. […]
Gordon Brothers weighs rescue bid for ailing retailer Wilko
A specialist investor in struggling retailers is exploring a bid to rescue Wilko, the ailing family-owned chain which is teetering on the purpose of collapse. Sky Information has learnt that Gordon Brothers, which has backed British extreme avenue names along with Laura Ashley, is in talks with Wilko’s advisers about structuring a potential deal. Sources […]