The joint administrators of wilko have entered into an agreement for The Range to acquire the wilko brand, website and intellectual property.
After a short period of transition, PwC expect online operations to recommence as the administration store trading programme concludes in early October.
As part of the deal, 36 employees from wilko’s digital team have transferred over to The Range.
Jane Steer, joint administrator, says: “Since our appointment, the feedback from customers and wider stakeholders during this challenging period has reinforced the fact that wilko remains a much loved and trusted brand within the UK.
“This sale to The Range will ensure that the wilko name lives on under their ownership and we wish The Range every success.”
