One of North Yorkshire’s Wilko stores has been bought from the administrators.
The branch on High Street, Northallerton, has been snapped up by Poundland.
Pepco, which owns Poundland, has agreed to buy up to 71 Wilko stores following the collapse of the chain.
Other branches in Yorkshire in the deal are Headingley, Leeds; Hessle Road, Hull; Hillsborough, Sheffield; Pontefract; Thornaby; and Wombwell.
PwC, administrators for Wilko, said Pepco has sealed a deal which will see the stores reopened under the Poundland brand.
Workers at the stores will not be transferred directly as part of the move, but Poundland has said it will “prioritise” existing Wilko workers for roles when the shops are opened under the new brand.
Poundland said its new lease agreements are set to be completed in “early autumn”, and it aims to open the stores by the end of 2023.
Aside from Northallerton, Wilko has three other stores in North Yorkshire, on Stirling Road at Clifton Moor in York; in the Abbey Walk Shopping Centre in Selby; and in the Balmoral Centre, Scarborough.
There future is still uncertain.
Edward Williams, joint administrator, said: “We will continue to engage with other retailers around any interest in other Wilko sites and are confident of completing a sale of the brand and intellectual property within the coming days.”