High Street Chain Wilko Faces Administration, Threatening 12,000 Jobs

UK high street retailer Wilko has announced that it is on the verge of administration, putting approximately 12,000 jobs at risk.

The company’s Chief Executive Officer, Mark Jackson, revealed that they have been compelled to file a notice of intention to appoint administrators.

Failed Attempts to Recapitalize the Business

Wilko’s Presence and Competition in the UK Market
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