All Insolvency & administration articles – Page 5
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NewsWilko rescue deal ‘in limbo’ over supplier issues
A rescue deal by HMV owner Doug Putman to save collapsed retailer Wilko is reportedly “in limbo” following issues with some of its big suppliers.
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NewsExclusive: OnBuy ‘exploring possible synergy’ with Putman to save Wilko
UK-based online marketplace OnBuy is exploring a “possible synergy” with HMV owner Doug Putman as they look to save Wilko, Retail Week can reveal.
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NewsHMV owner Putman moves closer to rescue deal for Wilko
HMV owner Doug Putman is said to be edging closer to buying a large portion of troubled retailer Wilko.
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NewsWilko redundancies to go ahead as rescue bid collapses
Wilko redundancies will go ahead as a last-minute rescue bid from a private equity firm has fallen through.
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NewsWilko redundancies on hold while rescue bids considered
Redundancies at Wilko have been put on hold while last-minute rescue bids for the troubled retail chain are considered.
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NewsGMB seeks ‘urgent meeting’ with business secretary regarding Wilko administrators
The GMB union is reportedly seeking an “urgent meeting” with business secretary Kemi Badenoch to confirm that Wilko administrator PwC is considering all bids for the collapsed value retailer.
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NewsHMV owner Putman makes last-minute offer for Wilko
HMV owner Doug Putman has made a last-ditch offer to save troubled retailer Wilko after the company fell into administration.
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Opinion‘Wilko’s demise doesn’t mean the death of the high street’
The collapse into administration of Wilko has been seen as symbolic of an ongoing ‘death of the high street’ as the town centres in which it mainly operates face the prospect of yet more shuttered stores – some in places where former Debenhams or Topshop stores may still stand empty since they toppled.
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NewsPoundland and B&M circle 150 collapsed Wilko stores
Poundland owner Pepco Group and B&M European Value Retail, which trades as B&M, are reportedly in talks to acquire around 150 of Wilko’s stores, following failed attempts to find a buyer for the whole group.
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NewsWilko: jobs to be lost and stores closed as attempts to find buyer fail
Wilko’s administrator has concluded that jobs will be lost and stores will close after it failed to find a buyer for the whole business.
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NewsWilko £48m warehouse sale raises speculation
Wilko sold its flagship depot in a “controversial sale and leaseback deal”, which reportedly indicates the embattled retailer passed up on as much as £40m in a bid to stay afloat.
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News‘Genuine grounds for hope’ on Wilko, GMB union believes
There are “genuine grounds for hope” that a buyer will take over all or part of bust retailer Wilko, according to the GMB trade union.
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NewsB&M and Poundland in running to save Wilko
Value retailers including B&M and Poundland are eyeing possible bids for struggling retailer Wilko after it fell into administration.
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NewsWilko administrator sets deadline for offers
Wilko administrator PwC has set a deadline for interested parties to submit their first offers to buy the variety value retailer following its announcement of administration last week.
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NewsWilko collapses into administration
Wilko has fallen into administration after failing to secure a rescue deal, but stores will remain open while a buyer is urgently pursued.
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NewsWilko stops home deliveries for online orders
Wilko has pressed pause on home deliveries for orders on its website as it is in the midst of talks for a potential rescue deal.
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AnalysisCan Wilko's flagging fortunes ever be revived?
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
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NewsWilko on brink of administration
Embattled retailer Wilko has filed a notice of intention to appoint administrators after failing to find investment.
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NewsHotter owner Unbound Group confirms intent to appoint administrators
Hotter parent company Unbound Group intends to appoint Interpath Advisory as administrators to the group’s main operating subsidiary, Beaconsfield Footwear, which includes Hotter Shoes.
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NewsExclusive: Ex-Asda boss Clarke stages Farmison rescue deal
A consortium led by former Asda chief executive Andy Clarke has bought online grocer Farmison out of administration and is aiming to rebuild the business.
