Can Wilko's flagging fortunes ever be revived?

Wilko Kingston

With news emerging that troubled value retailer Wilko would need £70m investment from a new owner to bring it back to life, we take a look at how it could turn its luck around

Wilko revealed it was on the brink of administration last week, following months of money woes, job cuts and struggling to find investment.

The discount chain’s financial performance has been deteriorating since 2017/2018 and it swung to a loss in 2021/2022, which proved particularly detrimental.

 

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