Homeware giant Wilko is set to enter administration, putting a number of stores at risk in Hertfordshire and beyond.

The company - which has branches in Stevenage, St Albans, Hemel Hempstead, Hitchin and Letchworth - announced today (Thursday, August 3) that it has filed a notice of intent to appoint administrators.


Around 12,000 jobs are now at risk.

Wilko chief executive officer Mark Jackson said: "While we can confirm we’ve had a significant level of interest, including indicative offers that we believe would meet all our financial criteria to recapitalise the business, at present, we don’t today have an offer that provides the necessary liquidity in the time we have available, given the mounting cash pressures we’re faced with."


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This paper has contacted Wilko for a comment on the future of its Hertfordshire stores.