The Range agrees deal to buy Wilko brand and website

Wilko in Ramsgate

A deal has been agreed which will retain the Wilko name with The Range agreeing to buy the brand, website and Intellectual Property.

As part of the deal 36 employees from Wilko’s digital team have transferred to The Range.

Administrators for Wilko, which went into administration on August 10, say after a short period of transition, they expect online operations to recommence as the administration store trading programme concludes in early October.

Jane Steer, joint administrator, said: “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.”

A deal by administrators with Pepco Group, and one already reached with B&M, could also save the jobs of staff at 122 Wilko stores.

Earlier this week it was announced that all Wilko stores would be shut by early October after an offer to buy hundreds of stores by HMV owner Doug Putman fell through.

The firm has stores in Ramsgate and Westwood Cross. The Westwood store shut on September 12.

The 71 stores included in the agreement with Pepco and 51 stores included in the agreement with B&M currently employ more than 3,200 wilko team members in total.

The Pepco deal does not include either of the Thanet sites. The sites B&M plan to take on have not yet been made public.