Wilko, a company with branches in Watford, Stevenage, St Albans, Hemel Hempstead, Hitchin, and Letchworth, has filed a notice of intent to appoint administrators, putting around 12,000 jobs at risk. Despite this announcement, there are currently no immediate store closures planned, and the business is continuing to trade as usual. Wilko is still searching for a buyer, but so far, no offers have provided the necessary liquidity in the given timeframe. The company remains optimistic about its turnaround plan and the opportunities it presents. In the meantime, interested parties are encouraged to move quickly.
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