Wilko rescue hopes fade as talks with HMV owner collapse
A last-ditch attempt by the owner of HMV to strike a rescue deal for stricken retailer Wilko has failed. Administrators for the high street chain had been in discussions with Doug Putman, who owns the entertainment retailer, over a deal to buy around 200 Wilko shops. However, the PA news agency understands that these talks have now collapsed, intensifying fears over the future of thousands of jobs. In a statement […]