Judge casts doubt on future of WH Smith replacement TG Jones Mr Justice Hildyard, who approved rescue plan in July, said turnaround plan came with ‘very considerable’ risks The Guardian - UK · Aug 5
Former WH Smith Chain on Brink of Collapse: £8M Shortfall Threatens 4,700 Jobs and 150 Stores TG Jones, formerly part of WH Smith, narrowly avoided collapse with a court-approved restructuring plan. Learn about the impact on 150 high street stores, 4,700 jobs, and the financial burden on suppliers and landlords. International Business Times UK · Jul 2
Why up to 150 former WH Smith stores are being threatened by closure IN FULL The Independent UK · Jul 1
Up to 150 former WH Smith stores threatened by closure after restructuring approved Lawyers for the retailer admitted the company was facing an £8 million shortfall this week if a judge did not sanction the plans The Independent UK · Jul 1
Around 150 TG Jones shops at risk of closure after restructuring approved However, the high street chain formerly known as WH Smith said it will avoid insolvency as a result of the plan. Evening Standard · Jul 1
Up to 150 former WH Smith stores to close as high court approves restructure Restructuring plan involves writing off debts to suppliers and cutting rent for many landlords The Guardian - UK · Jul 1
Former WH Smith’s small suppliers to lose at least half of debts in rescue plan If TG Jones’s aggressive restructuring is voted through, small ‘non-core’ creditors such as greeting card firms will be hit worst The Guardian - UK · Jun 24
Flying Tiger bought by TG Jones owner Modella in latest high street takeover The Danish chain, operating over 1,100 stores across 44 countries, underwent a restructuring last year The Independent UK · May 27
TG Jones owner Modella acquires Flying Tiger in latest high street takeover Modella said the acquisition marked the next chapter for the Danish retailer which has more than 1,100 shops in 44 countries around the world. Evening Standard · May 27
Flying Tiger snapped up by Modella Capital amid fears for its future UK private equity investor with reputation for hard-nosed restructuring says it is backing existing management The Guardian - UK · May 27
I warned that putting post offices into WH Smith branches would put them at risk Letter: Liz McInnes says her fears about the move back in 2019 are coming true as towns such as Middleton will lose access to postal services with TG Jones closing The Guardian - UK · May 18
Fears of ‘postal deserts’ as owner of former WH Smith stores puts counters under threat Exclusive: Contract changes mean Post Office outlets inside TG Jones stores would be easier to close, with up to 60 possibly affected The Guardian - UK · May 15
How new owner became all powerful in ‘high stakes’ attempt to revive former WH Smith chain Low-profile Modella has positioned itself as a key creditor, landlord and brand owner to struggling TG Jones as store closures and job cuts loom The Guardian - UK · May 13
The Guardian - UK · May 7 Revealed: owner of former WH Smith stores is charging fee to use fictitious ‘family’ brand Exclusive: Documents show Modella Capital, which bought the chain last year, is so far owed £2.9m in royalty fees
The Guardian - UK · May 6 Up to 150 former WH Smith stores face closure, putting thousands of jobs at risk Modella Capital, which rebranded shops as TG Jones, unveils radical restructuring plan, including rent holidays
The Independent UK · Mar 2 WH Smith buyer seeks help with dozens of shops at risk of closure WH Smith sold its high street stores to Modella last year, but held onto its travel shops
Evening Standard · Mar 2 TG Jones owner calls in help for possible shop closure plan – reports Modella Capital is reportedly in talks with Teneo over a plan for the chain, formerly WH Smith’s high street shops.
The Guardian - UK · Jan 9 What is Modella Capital? Firm in spotlight as Claire’s and The Original Factory Shop face collapse Investment firm that also bought WH Smith’s high street business has reputation for rapid and hard-nosed restructuring
The Guardian - UK · Dec 24, 2025 ‘I’ll never say I’m popping to Jones’s’: shoppers yet to feel love for WH Smith’s high street replacement TG Jones took over stores six months ago but consumers have noticed little change or investment
Evening Standard · Mar 28, 2025 What is TG Jones and why is WH Smith changing its name? WH Smith’s name will remain the same at airport and train station branches
The Independent UK · Mar 28, 2025 WH Smith changes name – and shoppers think it’s terrible Brits have hit out at the ‘entirely made up’ new moniker
The Independent UK · Mar 28, 2025 WH Smith high street shops to become TG Jones after £76m sale WH Smith to disappear from the high street as all shops sold in £76m deal
Evening Standard · Mar 28, 2025 WH Smith high street stores to be rebranded TG Jones after £76 million sale WH Smith name will live on at airport and train station branches