Wilko rescue deal ‘in limbo’ over supplier issues

Doug-Putman-2

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.

Weekend negotiations relating to Doug Putman had “run into problems” after suppliers including Unilever and Procter & Gamble “demanded their debts are repaid and paid upfront” in order to guarantee supply to its stores moving forward.

 

Already have an account?

Want to read more?

Register for LIMITED guest access

Register now

Get premium access

£5 A MONTH for 3 months

Subscribe now