OnBuy, the Bournemouth-based eCommerce platform, has launched a late bid to save struggling retailer Wilko.

News of trouble at Wilko has been in the press for a while now, having collapsed into administration on August 11th and with reports claiming more than 1,000 staff could be up for redundancy.

HMV tycoon Doug Putman is thought to be leading a bid to rescue some of the stores, but with a necessity to convince administrator PwC that the takeover is feasible, the door may still be open for other to save the retailer.

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OnBuy would appear to be among these, with Founder Cas Paton claiming on LinkedIn to have launched a late bid, with the aim of keeping ‘the household brand part of English history for time to come’.

The eCommerce platform has seen exponential growth recently, ranking as Europe’s fastest-growing eCommerce in the 2023 FT1000, a list in which it took 25th overall.

• https://www.onbuy.com/gb/

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