New update from Wilko HQ
Nottinghamshire based retailer Wilko has confirmed that there are "no immediate store closures planned" following their announcement that they had filed a notice of intention to appoint administrators. The household and garden retailer, which has its headquarters based in Worksop, announced on Thursday, August 3, that due to financial pressures Wilko has taken the move.
In an update, a Wilko spokesperson has stated to Nottinghamshire Live: "“There are no immediate store closures planned as a result of the announcement today, and the business continues to trade as usual during this period.” who have now been put at risk. CEO Mark Jackson explained in an earlier statement: "While we can confirm we’ve had a significant level of interest, including indicative offers that we believe would meet all our financial criteria to recapitalise the business, at present. Unfortunately, with this in mind, today we’re having to take the difficult decision to file a NOI.
"That said, while we’ll continue to progress these indicative offers, without the surety of a recapitalisation being able to be completed within the necessary time frame and given the cash position, we’ve been left with no choice but to take this action." Earlier this year it was reported that the business was considering selling the company, and it hopes that finding a buyer could secure the future of Wilko and "preserve" the retailer.
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Wilko to go into administration leaving 400 stores at riskWILKO is on the brink of administration, putting 400 stores and thousands of jobs at risk. The bargain retailer today filed a notice of intent to appoint administrators. It comes as Wilko’s o…
Lire la suite »
No investigation into ‘Lincolnshire human meat’ factory show after 400 new complaints🚨😱 Ofcom flooded with complaints about 'The British Meat Miracle' mockumentary
Lire la suite »
Fury as park's £9.5m football plan slammed by more than 400 residentsFury as Ashton Park £9.5m football plan slammed by more than 400 Preston residents
Lire la suite »
Wilko homeware chain on brink of collapseThe retailer, which employs 12,000 people, blames mounting cost pressures at its 400 UK stores.
Lire la suite »
Wilko homeware chain on brink of collapseThe retailer, which employs 12,000 people, blames mounting cost pressures at its 400 UK stores.
Lire la suite »
Wilko to call in administrators putting 12,000 jobs at riskWilko has around 400 stores across the UK, and the move will put 12,000 jobs at risk
Lire la suite »