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Jullia Joson

Wilko could be closing 400 stores across the UK – here's what you need to know

Wilko United Kingdom Mark Jackson
Wilko store front

One of our favourite budget-friendly stores, Wilko, has confirmed that it has taken the difficult decision to file a notice of intention to appoint administrators, setting the iconic high-street retailer on the brink of collapse.

Today it was announced that the retailer is set to call in administrators, risking 12,000 jobs and may potentially have to close its 400 stores across the UK.

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