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Daily Mirror
Daily Mirror
Business
Alahna Kindred

Fears Wilko could shut stores as firm in 'early stages' of big shake-up

One of Britain's biggest discount chains is in the "early stages" of a big shake-up amid fears shops could close.

Wilko is understood to have been considering a company voluntary arrangement (CVA) which is a form of insolvency.

What this does is it gives a business a way to restructure but continue to keep trading.

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