Wilko will launch a new sale offering further discounts on hundreds of products in its stores today while administrators weigh up rescue bids.
The discount chain, which collapsed into administration earlier this month, is slashing the prices of products even further as part of a separate “secondary” sale, The Sun reported.
It comes on top of the administration sale, which the retailer launched in its 400 stores last week.
According to the newspaper, new signage will be going up today promoting the new discounts.
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Administrators at PwC are weighing up bids for the collapsed retailer following its deadline of Wednesday for offers to be tabled.
The administrators are considering bids that could see all or some of its stores acquired, with a decision of the chain’s future understood to be made next week.
Wilko rivals B&M, Poundland, The Range and Home Bargains are said to have been interested in submitting offers for the retailer.
The discount retailer plunged into administration last week placing 12,500 jobs in limbo after attempts to secure a last-minute deal failed.
All Wilko stores have been trading since PwC were appointed as administrators with no redundancies made as of yet.
According to the GMB Union, there are “genuine grounds for hope” that at least parts of Wilko will be taken over.
National secretary Andy Prendergast said he had met with PwC and confirmed there had been expressions of interest in the business, adding that talks with potential buyers were “still at an early stage”.
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