The rescue deal for Wilko has run into to more problems, despite receiving backing from the retailer’s landlords.
Some big suppliers, including Unilever and Procter & Gamble, which supply many staple household cleaning and food products, have said they want their debts repaid now in order to continue to guarantee supplying Wilko’s stores.
The brinksmanship could derail the deal put together by Doug Putman, who engineered a turnaround of HMV in the UK and owns Toys R Us in Canada, to save as many as 300 of Wilko’s 400 stores.
