Wilko will open another new store since it was taken over and rebranded following its dramatic collapse last year.

The retailer, which was bought rival budget retailer The Range last year, has announced plans to open a new store in Uxbridge, west London, this autumn.

It marks the brand's seventh store opening since it was bought, following previous openings in Exter, Plymouth, Luton, Rotherham, St Albans and Poole, and its first in the capital since its relaunch.

Before its collapse, the budget homeware chain had 400 stores across the UK but  collapsed into administration last August leading to nearly 12,500 job losses. 

Mark Jackson, former Wilko boss, penned an open letter last year and said: 'We left no stone unturned when it came to preserving this incredible business but must concede that with regret, we've no choice but to take the difficult decision to enter into administration.' 

Signs of Wilko's woes emerged six years before its collapse when the company commenced a redundancy consultation affecting 4,000 jobs.

Wilko posted a £65million loss for that year and continued to disappoint thereafter.

The brand also struggled with growing competition from rivals B&M and Poundland, who captured a larger share of the market and at a lower cost. 

A key part of B&M's success lies in the retailer's ability to source its huge range of merchandise directly from its own Asia-based buying operation, which it gives it an edge on design and value. 

B&M and the owner of Poundland agreed to take on a number of Wilko shops, before CDS Superstores, trading as The Range, stepped in to strike a £5million deal for its remaining stores and intellectual property. 

The Range was set up by Chris Dawson, a tycoon dubbed the 'Del Boy billionaire', in 1989 and has 213 stores across the UK.  

Alex Simpkin, chief executive of CDS Superstores said today: 'Our expansion is about bringing wilko back to the heart of communities, providing quality and value in every corner of the UK.

'We've had a great reception from customers in our six locations to date, and from wilko.com shoppers, and we're thrilled to announce our reopening in Uxbridge, which also marks our return to Greater London too.'