Wilko explores CVA to slash rent costs
// Wilko considers launching a CVA to cut rent costs and potentially close stores
// The struggling discount chain has been working with advisors at PwC on restructuring optionsStruggling discount chain Wilko is considering entering into a company voluntary arrangement to renegotiate rents and potentially close some stores as it looks to cut costs across the business.
The chain is understood to have approached advisors at PwC to explore various restructuring options, including a CVA th
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