The Range makes £5m deal to acquire Wilko brand and website

Wilko Sunderland

Value retailer The Range has made a deal to buy the Wilko brand from administrators PwC for around £5m, saving 36 jobs in the process.

The Range has agreed to acquire the Wilko brand, website and intellectual property, with a view to resume online operations in October. As a result, 36 employees from Wilko’s digital team will transfer over to The Range.

This follows news of Poundland snapping up 71 former Wilko sites in places where the retailer has a limited presence.

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