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The Guardian - UK
The Guardian - UK
Business
Mark Sweney

The Range buys Wilko brand in multimillion-pound deal

Wilko Range The Range PwC BM HMV Intellectual Property Pepco Poundland
Discount signs and empty shelves inside a Wilko store
The administrators for Wilko have said that all of the retailer’s 408 stores will close by early October. Photograph: Matthew Horwood/Getty Images

The homeware retail chain The Range has struck a multimillion-pound deal to buy the Wilko brand as administrators sell off the remnants of the 93-year-old retailer.

PricewaterhouseCoopers has been selling off parts of Wilko, founded in 1930 by JK Wilkinson in Leicester, after the chain went into administration last month, putting more than 12,000 jobs at risk.

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