Major high-street retailer ‘makes last-minute bid’ to save half of Wilko stores and thousands of jobs

A MAJOR high-street retailer has “made a last-minute bid” to rescue half of Wilko’s stores and thousands of staff.

HMV’s owner is understood to have made an attempt to save parts of the stricken retailer’s business, according to The Times.

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The deal would save hundreds of shops and thousands of jobs[/caption]

The Canadian billionaire Doug Putman has been holding detailed talks with Wilko’s administrators at PwC.

The offer is said to involve keeping about half the discount retailer’s 400 shops and 3,000 to 4,000 of its 12,000 workers.

He’s also said that he would continue to run these stores under the Wilko brand.