Redruth Wilko store bought by owners of Poundland
The firm says it'll prioritise Wilko staff when recruiting
The Redruth branch of Wilko is set to reopen as a Poundland.
It's one of 71 stores that's been bought by owners Pepco across the country.
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", aiming to open the stores by the end of 2023.
Poundland managing director Barry Williams said: "In the coming weeks we will work quickly with landlords so we can open these stores as Poundland's with the new ranges that have been pivotal to our recent development.
"And once that process is complete, we will ensure a significant number of the Wilko colleagues will join our Poundland team.
"We recognise the last few weeks have been difficult for them and we will move quickly to secure new consents from landlords so we can offer them the certainty they deserve."
It comes a day after administrators confirmed all the group's remaining shop, warehouse and support centre workers are set to lose their jobs after failing to secure a rescue deal.
The Redruth store is due to shut as a Wilko on the 17th of September.