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HomeSourcesthesun.co.ukRescue hope for bust Wilko as 'rival discount retailers express interest'

Rescue hope for bust Wilko as ‘rival discount retailers express interest’

AT least four rival discount retailers have expressed an interest in making an offer for bust chain Wilko, say sources.

B&M Bargains, The Range, Poundland and Home Bargains have been linked with the firm that went into administration last week.

Administrators at PWC have given potential buyers until tomorrow to make indicative offers, before creating a shortlist for second-round bids by Friday.

An attempt to rescue Wilko, which has 400 homeware shops around the country and employs more than 12,000 staff, failed when financial firms OpCapita and Gordon Brothers walked away.

It is understood there was a lack of interest from trade buyers when it was solvent.

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