THE RETAIL BULLETIN - The home of retail news
Click here
Home Page
News Categories
Commentary
CX
Department Stores
Electricals and Tech
Entertainment
Fashion
Food and Drink
General Merchandise
Grocery
Health and Beauty
Home and DIY
Interviews
People Matter
Retail Business Strategy
Property
Retail Solutions
Electricals & Technology
Sports and Leisure
Christmas Ads
Shopping Centres, High Streets & Retail Parks
Uncategorized
Retail Events
People in Retail Awards 2024
Retail HR Summit
THE Retail Conference
Retail HR North 2025
Retail Ecom North
Omnichannel Futures 2025
Retail HR Central 2025
The Future of The High Street 2025
Retail Ecom Central
Upcoming Retail Events
Past Retail Events
Retail Insights
Retail Solutions
Advertise
About
Contact
Subscribe for free
Terms and Policies
Privacy Policy
Gordon Brothers weighs rescue bid for Wilko

Discount retailer Wilko is in talks with the firm behind Laura Ashley to rescue the brand as it teeters on the brink of collapse. Gordon Brothers,… View Article

GENERAL MERCHANDISE NEWS

Gordon Brothers weighs rescue bid for Wilko

Discount retailer Wilko is in talks with the firm behind Laura Ashley to rescue the brand as it teeters on the brink of collapse.

Gordon Brothers, which specialises in restructuring retail businesses, is in talks to rescue the ailing high street brand, according to Sky News

Sources told Sky that Gordon Brothers could offer to fund a major restructuring plan to help save Wilko.

The brand is also in talks with several other buyers but there’s no indication as to whether any formal offer could be on the table.

Wilko filed for a notice of intent to appoint administrators last week on August 3.

A notice of intention essentially means Wilko has a 10-day window to secure a deal while it’s still protected from action by other creditors.

Wilko has 400 shops across the whole of the UK and employs around 12,000 people in total.

 

Subscribe For Retail News