![Pinterest](https://pinterest.com/pin/create/button/?url=https://uknews.evprotec.com/wilko-suspends-online-orders-as-it-races-to-find-new-buyer-and-stop-firm-collapsing/&media=https://uknews.evprotec.com/wp-content/uploads/2023/08/0_UK-Retail-Chain-Wilko-Warns-It-Is-On-The-Brink-Of-Collapse.jpg&description=High street homeware store Wilko announced last week it was appointing administrators putting 12,000 jobs at risk - the retailer has now suspended its online deliveries Struggling high street giant Wilko has temporarily axed one of its online services as it teeters on the brink. The budget homeware and hardware store has suspended online deliveries since news emerged it was racing to find a buyer amidst falling profits. It means customers unable to get to a store can't currently order goods online. Talks for an administrator are still ongoing, Chief Executive Mark Jackson said this week. However, if the high street stalwart does go under, it would put 12,000 jobs at risk and potentially close some of its 408 stores. A notice on the store's site on Wednesday said the service was "currently unavailable" but said customers could still do click-and-collect. The retailers recently extended their home delivery contract with GXO until June 2026, but shoppers are currently unable to buy items for delivery. The click and collect service already accounted for 42% of online sales, Wilko bosses said in February this year. The chain now has until Thursday next week to find a buyer. Talks of a potential rescue deal emerged on Tuesday in the form of investors Gordon Brothers, who rescued Laura Ashley when it was on the brink of collapse in 2020. It's been reported the brand is also in talks with other potential buyers, although it has kept quiet on any possible deals. In his statement, CEO Mark Jackson said: "While we can confirm we've had a significant level of interest, including indicative offers that we believe would meet all our financial criteria to recapitalise the business, at present. Unfortunately, with this in mind, today we're having to take the difficult decision to file a NOI. 'We'll continue to progress discussions with interested parties with the aim of completing a transaction which preserves the business and will encourage those interested parties we're in discus){kind=link}
High street homeware store Wilko announced last week it was appointing administrators putting 12,000 jobs at risk – the retailer has now suspended its online deliveries
Struggling high street giant Wilko has temporarily axed one of its online services as it teeters on the brink.
The budget homeware and hardware store has suspended online deliveries since news emerged it was racing to find a buyer amidst falling profits. It means customers unable to get to a store can’t currently order goods online.
Talks for an administrator are still ongoing, Chief Executive Mark Jackson said this week. However, if the high street stalwart does go under, it would put 12,000 jobs at risk and potentially close some of its 408 stores.
A notice on the store’s site on Wednesday said the service was “currently unavailable” but said customers could still do click-and-collect. The retailers recently extended their home delivery contract with GXO until June 2026, but shoppers are currently unable to buy items for delivery.