Gordon Brothers weighs rescue bid for ailing retailer Wilko
The owner of the Laura Ashley brand is in talks about a potential deal to salvage the general merchandise chain, with up to 12,000 jobs at risk, Sky News learns.
Source: sky.com
📰 Homebase News
Page 49 - Homebase News Today
Fast, Ad-Free News Updates
Stay updated with breaking news from Homebase. Real-time updates on events, politics, business and more.
Hope for Wilko as 'rescue bid explored to save struggling firm'
Specialist investor Gordon Brothers has reportedly “expressed an interest in partnering with other financial investors” to provide around £20million of equity and £50million in debt financing
Source: mirror.co.uk
Newark Advertiser readers react to news of Wilko facing possible collapse
Following the announcement that Wilko is on the verge of collapse, people have reacted with shock.
Source: newarkadvertiser.co.uk
New Tesco set to open in Reading and residents have mixed opinions
A NEW Tesco is set to open in Reading town next year, but residents are questioning if it needs another one.
Source: readingchronicle.co.uk
Wilko heads towards administration: Why is the UK brand on the brink of collapse?
Wilko is on the brink of collapse, meaning 12,000 jobs and 400 stores around the UK are facing the chopping block. Why is Wilkos collapsing and what happened to the company?
Source: dailymail.co.uk
Legislature reviving program to prevent evictions
BOSTON — A pandemic-era program that paused roughly 10,000 eviction cases while tenants sought financial aid could return as a permanent tool if Gov. Maura Healey joins lawmakers in support.
United States Aaron Michlewitz Kelly Turley Greg Vasil Maura Healey Massachusetts Coalition For The Homeless
Source: lowellsun.com
UK high street's biggest losses as Wilko faces the axe – from Woolworths to Blockbuster
The boss of high street chain Wilko has revealed the business is struggling with "mounting cash pressures" after failing to find emergency investment and this week it is likely to enter administration
Source: mirror.co.uk
The downfall of another High Street giant: How Wilko was pushed out by competitors such as Lidl, Home Bargains and B&M offering cut-price deals
Around 12,000 jobs are at risk at the discount homeware and hardware chain after it filed a notice of intent at the High Court to call in administrators. The company may have two weeks to find a buyer.
Source: dailymail.co.uk
New Tesco to open in Reading near McDonalds, KFC
A new Tesco is due to open in town next year just over the road from McDonald’s and KFC drive thru’s and a popular retail park in Reading.
Source: readingchronicle.co.uk