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UK RETAILER WILKO COLLAPSES, PUTTING 12,500 JOBS AT RISK

  • NEWS Desk Global
  • Aug 10, 2023
  • 1 min read

British homeware and household goods discount retailer Wilko said it had fallen into administration on Thursday, putting its 400 stores and 12,500 jobs in danger if a buyer can't be found. The family-owned retailer sought protection from creditors after failing to secure emergency funding, having suffered a cash squeeze following a downturn in trading.

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