Wilko collapses into administration putting 12,000 jobs at risk
Wilko, the High Street homeware retailer, has collapsed into administration after failing to secure a rescue deal.
PwC has been appointed as administrator and will continue to look for a buyer for all or part of the group. "But we must concede that with regret, we've no choice but to take the difficult decision to enter into administration," he said. Although the business has been struggling for some time, the depths of its problems emerged last week when it announced its intention to appoint administrators.
Belgique Dernières Nouvelles, Belgique Actualités
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