B&M has struck a deal to take on dozens of Wilko's 400 shops after it collapsed into administration.
Discount chain B&M has agreed to buy dozens of shops from the collapsed retailer Wilko, as talks over a bigger rescue deal hang in the balance.Wilko fell into administration in August as it struggled with sharp losses and a cash shortage.
The first redundancies - 269 jobs at Wilko's support centre in Worksop and 14 others at a subsidiary firm - started on Monday. Several retailers and investors have reportedly been in talks with PwC about potentially buying Wilko's shops or online brand in what has been dubbed "Project Falcon".
Danmark Seneste Nyt, Danmark Overskrifter
Similar News:Du kan også læse nyheder, der ligner denne, som vi har indsamlet fra andre nyhedskilder.
Businesswoman raises £12,700 to help struggling families with school uniformsKate Stewart aims to buy around 400 non-branded school uniforms for low-income families.
Læs mere »
Businesswoman raises £12,700 to help struggling families with school uniformsKate Stewart aims to buy around 400 non-branded school uniforms for low-income families.
Læs mere »
B&M agrees to buy 51 Wilko stores after collapse of rival bargain chainThe deal will see B&M take on up to 51 of Wilko's 400 stores, with the rescued shops expected to rebrand as B&M
Læs mere »
Fate of Wilko stores hangs in balance as redundancies startRedundancies at the company's Worksop and Newport warehouses are also due to start early this week
Læs mere »