Last-ditch hope for Wilko after B&M agrees to buy up to 51 stores for £13,000,00

Let's all buy lampshades and picture hooks to celebrate!

B&M European Value Retail has agreed to buy up to 51 Wilko stores from administrators for £13 million, the discount retailer has announced.failed rescue attempt from HMVWilko – owned by its founding family for decades – employed about 12,500 people prior to the announcement it wasThe discount homeware chain went into administration back in August

However, these losses would be dwarfed if mass store closure happens following the collapse of the brand.

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