{"id":10220,"date":"2023-08-25T02:42:18","date_gmt":"2023-08-25T02:42:18","guid":{"rendered":"https:\/\/dmsretail.com\/RetailNews\/wilko-hmv-boss-makes-last-minute-offer-to-save-retailer\/"},"modified":"2023-08-25T02:42:18","modified_gmt":"2023-08-25T02:42:18","slug":"wilko-hmv-boss-makes-last-minute-offer-to-save-retailer","status":"publish","type":"post","link":"https:\/\/dmsretail.com\/RetailNews\/wilko-hmv-boss-makes-last-minute-offer-to-save-retailer\/","title":{"rendered":"Wilko: HMV boss makes last-minute offer to save retailer"},"content":{"rendered":"

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\"Wilko\"<\/div>\n

HMV owner Doug Putman has made a last-minute attempt to rescue parts of fallen retailer Wilko.<\/p>\n

The retail boss is understood to have been engaged in talks with the discount retailer\u2019s administrators from PwC, according to The Times.<\/p>\n

The offer could rescue 3,000 to 4,000 jobs, as well as roughly half of its 400 stores.<\/p>\n

However, the BBC has reported\u00a0that Putman\u2019s offer is unlikely to meet legal requirements.<\/p>\n\n

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Earlier this month, the company\u2019s board appointed PwC as its administrator.<\/p>\n

Although other potential bidders have expressed interest in saving some of the retailer\u2019s stores, the companies were predicted to stop trading under the Wilko brand.<\/p>\n

It was reported on Wednesday that the majority of Wilko stores were set to close within weeks as no buyer had emerged.\u00a0<\/p>\n

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