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The Range buys Wilko brand in multimillion-pound deal

The homeware retail brand has also bought the intellectual property rights of Wilko, but none of its stores

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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