Wilkies Limited - administration

Wilkies Limited, a 120-year old Scottish retail chain, has entered administration. Blair Nimmo and Alistair McAlinden of Interpath Advisory were appointed Joint Administrators, and said the firm faced trading challenges as a result of the Covid-19 pandemic. The Joint Administrators have secured a pre-pack sale of six stores to a new company, Wilkies Trading, saving 55 jobs. Five stores will be closed and approximately 40 jobs will be lost.