The discount chain B&M has struck a deal to buy 51 Wilko stores for up to £13m as the stricken retailer’s administrators rush to seal last-minute deals with the fate of thousands of jobs hanging in the balance.
B&M, one of the UK’s most successful discount retailers with a market value of £5bn and 1,100 outlets nationwide and in France, said it would acquire “up to 51” Wilko sites for a “maximum aggregate consideration” of £13m.
