Analysts partly blame too many large stores selling low-profit goods on dearer high street locations

When Woolworths went bust 14 years ago, many of its former stores were filled by cut-price chain Wilko, offering shoppers many of the same products. But now it too has warned it is on the brink of collapse, raising the spectre of further gaps on the UK high street.

Wilko’s cocktail of pick ‘n‘ mix sweets, DIY supplies, cheap bathroom products and handy homewares may have once drawn the crowds, but its troubles are not new and its future looks rocky.

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Source: The Guardian