Household goods retailer with about 400 stores files notice of intention as it tries to secure finances
Budget retailer Wilko has said it plans to appoint administrators in a move that could put 12,000 jobs at risk.
The household and garden products retailer, which has about 400 stores, said in a notice of intention filed at the high court on Thursday that it had appointed the advisory firm PricewaterhouseCoopers in recent months to try to find a buyer in an attempt to secure additional cash needed to keep trading.
Continue reading…