Wilko is set to return to the high street with five new stores set to open across the UK before Christmas.
Administrators at PwC were forced to sell off Wilko’s assets after failing to secure a rescue deal for the whole business.All Wilko stores in the UK have now closed, with the final round of closures taking place in early October. Watford's store closed on September 26.
Poundland owner Pepco also agreed a deal to buy 71 Wilko stores from administrator PwC following the collapse of the high street chain.The Range agreed a deal to buy Wilko’s brand for around £5 million which included its website and intellectual property.It will also stock the products online after purchasing the Wilko website.
“We have worked hard and at pace to ensure they still have access to their favourite lines by bringing them into our own stores and online at wilko.com within a matter of weeks.”Wilko is set to return to the UK high street before the end of 2023 with plans to open five new stores, according toCDS Superstores, which trades as The Range, said ex-Wilko employees would be given “priority” when it came to job roles at the new stores.
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