Wilko may pay no rent on some stores for three years in restructuring push

Wilko Sunderland

Turnaround plans being drawn up by variety store group Wilko, which may include a CVA, mean it may pay no rent on some stores for three years.

Wilko, which is battling to cut costs as new bosses seek to breathe life back into the business, is seeking to cut rent on 240 of its 400 shops.

 

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