Looks more and more sure that this store is heading for closure
The news was announced last week that High Street retailer Wilko is at risk of administration with 12,000 jobs at risk and 400 stores across the UK on the brink of closure.
The boss of the homeware and hardware chain said last week that it expected to enter insolvency after failing to secure a takeover to help the business with "mounting cash pressures". Wilko filed a notice of intention to appoint administrators at the High Court on Thursday. It comes after the company hired advisers from PwC earlier this year in a bid to find to a buyer in order to secure fresh funding to keep the firm trading. Several stores could shut down if a solution cannot be found.
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