Wilko collapses into administration as 12,000 jobs at risk
Some 12,000 jobs are now at risk - as Wilko, owned by the Wilkinson family since it was established as a single hardware store in 1930, becomes one of the biggest retail casualties in years.
The chain, which has 400 outlets across the country, filed a notice of intent to appoint administrators, kickstarting a 10 day window to arrange a deal, on August 3. "We left no stone unturned when it came to preserving this incredible business but must concede that with regret, we've no choice but to take the difficult decision to enter into administration.
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