Wilko liquidates retail network, more than 12 thousand employees can lose work

One of the largest British the discount retailers of Wilko which has earlier faced threat of bankruptcies, will close all shops of a network by the beginning of October therefore over 12 thousand staff of companies can remain without work, reports newspaper "The Financial Times". In August, after a failure of negotiations with potential buyers businesses, Wilko passed under external management administrators from PricewaterhouseCoopers LLP, however they managed to find the new owner only for 51 shops from more than 400 - following the results of the transaction for the sum of 13 million pounds sterling ($16,3 million) the part of outlets was acquired by the retailer of B%26M. Crash of Wilko becomes...