B&M acquires 51 Wilko stores

B&M Stafford

Discount retailer B&M will take over 51 Wilko stores, but a wider rescue deal from HMV owner Doug Putman remains uncertain.

It is unclear how many jobs will be saved by this acquisition, with B&M yet to confirm if workers will be kept on.

B&M’s announcement to the stock market said it had paid £13m for the sites and implied that it could relaunch the sites under its brand within weeks.

 

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