Wilko which has stores around London is well-known for its affordable everyday items.
last year, although were both offered rescue deals by High Street giant Next.
The discount chain has been struggling for months and had been considering a company voluntary arrangement, under which some of its landlords would have received no rent for three years. "It should have been Wilko's time to shine, with the Cost of Living crisis going on and shoppers looking for a bargain".
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