Wilko Collapses, All Stores to Close Amid Failed Rescue Bid
Wilko, the struggling retail chain, announces plans to close all 400 of its stores by early October, putting 12,500...
Wilko
Grocery Price Inflation Drops to 12.2% as Discount Retailers Grow
Inflation drops to 12.2%, its lowest in over a year, as grocery price increases slow down, according to Kantar's...
Wilko Rescue Deal Falls Through as HMV Owner Exits Amid Cost Concerns
In a blow to high street retailer Wilko, HMV owner Doug Putman has pulled out of a rescue deal...
Wilko Announces Store Closures and Job Cuts Amidst Ongoing Rescue Talks
Wilko announces plans to close 52 stores and make 1,300 redundancies as rescue talks continue. Administrator PwC has agreed...
B&M Eyes Wilko Acquisition as Putman Offer Falters
B&M is reportedly in line to acquire around 50 Wilko stores after rescue talks with HMV owner Doug Putman...
Wilko Faces Insolvency Amidst EY Audit Controversy
Wilko's auditor, EY, faces criticism for signing off on the retailer's accounts despite warnings about insufficient funds to handle...
Lidl Boosts Pay for Staff by £60M in a Year
Starting today, 24,500 Lidl GB employees will receive one of the highest hourly wages in the sector, up to...
Wilko Faces Hundreds of Redundancies as Rescue Talks Collapse
In a shocking turn of events, Wilko is set to begin hundreds of redundancies after last-minute rescue talks with...
M2 Capital Criticizes PwC’s Bidding Process for Wilko Rescue Deal
M2 Capital criticizes Wilko administrators PwC over "fairness" of bidding process after submitting a last-minute £90m rescue offer, while...
Canadian Businessman Tries to Save Wilko with Last-Minute Bid
Canadian businessman Doug Putman makes a last-ditch effort to save parts of Wilko, potentially saving 4,000 jobs; however, Wilko...