Thousands of jobs at risk as Wilko goes into administration
Wilko has gone into administration, putting thousands of jobs at risk.The retailer filed a notice of intention (NOI) to appoint administrators at the High Court last Thursday (August 3).It followed discussions by Wilko over potential store closures to cut cost and the company also managed to secure a £40million lifeline from Homebase owner Hilco earlier this year.The Wilko store in King's LynnThe move puts the retailer’s 400 stores at risk