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UK retail chain Wilko has appointed a new chief executive with extensive restructuring experience as talks continue over a refinancing to secure its future.
The family-owned group said Mark Jackson would join the business as chief executive designate. He is at present chief executive of Bensons for Beds, a furniture retailer that was acquired by private equity firm Alteri in 2020.
Following an administration process last year, under which Alteri retained Bensons but closed down sister company Harveys, the business is now back in profit.
Jackson was previously chief financial office…
Read the full article at: https://www.ft.com/content/df9d2271-e55d-442c-ba1b-4e317712eeb3