The Wilko name will disappear from UK High Streets as a rescue deal for the chain falls through.
that some 1,016 redundancies would be made at 52 shops across the country that will close on Tuesday and Thursday this week.
He had originally been eyeing up to 300 shops, but the deal in its most recent form may have included about 100. "A stable foundation could not be secured to ensure long-term success for the business and its people in the way that we would have wanted," he added.After the collapse of Woolworths in 2008, Wilko - which remained family-run until its problems came to a head - stepped up to fill the gap left on the High Street.
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