High street retailer Wilko is on the brink of collapse, putting more than 12,000 jobs at risk.
There are 400 stores in the UK that face being closed down after Wilko indicated it was at risk of insolvency proceedings.
The chain has spent several weeks searching for a rescue deal but has now given notice of intention to appoint administrators.
"Unfortunately, with this in mind, today we're having to take the difficult decision to file an NOI." The store received a £40million lifeline from Hilco UK, the owner of Homebase, at the beginning of 2023.
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