An incredibly tough time for staff
Nine stores in Nottingham are at risk among 400 as retail giant Wilko is set to enter administration. The Mirror reports a full list of the shops under threat which are list below.
His statement said: "While we can confirm we’ve had a significant level of interest, including indicative offers that we believe would meet all our financial criteria to recapitalise the business, at present. Unfortunately, with this in mind, today we’re having to take the difficult decision to file a NOI."
Earlier this year, it was reported that the owners of the chain were considering a sale of the company in a bid to secure its future. Wilko has confirmed that it will continue to progress in its discussions with interest parties for the foreseeable. Its aim is to complete a transaction which "preserves the business and will encourage those interested parties we’re in discussions with to move as fast as possible".
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