• Abingdon

Wilko brand sold ‘in £5m deal’

The brand of failed homewares retailer Wilko has been sold.

Rival discount chain The Range has paid about £5m for the name, allowing it to sell Wilko-branded products and use the name online, according to reports. 

At the time of writing, several outlets reported that the deal was expected to be officially announced late on Wednesday, although administrator PriceWaterhouseCooper had yet to confirm the transaction.

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