All Wilko articles – Page 4
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News
Wilko 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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News
GMB 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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News
HMV 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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News
Poundland 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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News
Wilko: 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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News
Wilko £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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News
B&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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News
Wilko 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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News
Wilko 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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News
Wilko 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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Analysis
Can 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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News
Wilko would need £70m investment from a new owner
Wilko, which is teetering on the edge of administration, would need investment of £70m from any new owner.
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Opinion
‘Wilko may look like Woolies 2.0, but it could still have a future’
Wilko may be teetering on the brink of administration, but the retailer is not necessarily destined to go the same way as its general merchandise predecessor, says George MacDonald
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News
Wilko 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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News
Wilko extends deal with home delivery provider to 2026
Wilko has extended its contract with home delivery provider GXO to June 2026.
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News
Wilko may pay no rent on some stores for three years in restructuring push
Turnaround plans being drawn up by variety store group Wilko, which may include a CVA, mean it may pay no rent on some stores for three years.
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News
Wilko considers CVA among turnaround options
Variety retailer Wilko is pondering the possibility of a CVA among a range of options as new chief executive Mark Jackson seeks to turn around the business.
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Data
Ranking: The fastest-growing value retailers revealed
In the cost-of-living crisis, affordable retailers have never been more relevant to price-conscious consumers, but which have been making the most of the mood of the nation? And which are set to turn market share into future growth? To find out, the Retail Week analyst team has tracked group sales across 15 of the biggest value retailers and analysed their compound annual growth rate (CAGR) to predict how much bigger they’ll be in five years’ time