Wilko on the Brink: Administrators Appointment Looms Amidst Struggling Performance
Budget retailer Wilko files notice of intention to appoint administrators amidst struggles to secure its future. The company, operating...
Wilko
Wilko Owners Seek Sale Amid Financial Struggles, Exploring All Options for Recovery
Wilko's owners are reportedly considering selling the chain in an effort to secure its future, according to Sky News....
Wilko Seeks Rent Cuts for Up to 250 Shops Amidst CVA
In a bid to make drastic cost cuts, Wilko is reportedly considering not paying rent for up to three...
Wilko Appoints CBRE Ahead of Rent Reduction Talks with Landlords
Wilko has appointed property advisers CBRE ahead of crucial talks with landlords as the retailer aims to reduce rents...
Wilko Explores CVA to Reduce Costs Amidst Struggling Performance
Wilko, the struggling discount chain, is considering a company voluntary arrangement (CVA) to renegotiate rents and potentially close stores...
Wilko Enters Administration: 12,000 Jobs at Risk Amid Failed Rescue Deal
Wilko, a high street homeware retailer, has entered administration, putting 12,000 jobs at risk. CEO Mark Jackson tried to...
Poundland Takes on Supermarkets with Price Comparison Campaign
Poundland is set to launch a new price comparison campaign, competing with larger supermarkets like Asda and Morrisons, according...
Original Factory Shop Offers Job Interviews to Laid-Off Wilko Staff
In response to recent job losses at Wilko, New Look, Argos, B&Q, M&Co, and TK Maxx, The Original Factory...
Wilko Announces New Leadership Team and Upcoming Changes
Wilko's CEO Mark Jackson announces a new senior leadership team to stabilize the business and accelerate its turnaround. Dave...
Retail Job Losses and Store Closures Continue in 2023
In a recent report by the Centre for Retail Research, nearly 15,000 retail jobs have been lost this year...