Modella Capital is taking steps to turn around the business’s performance, which it said was against a “tough” backdrop for the UK high street. Why are TG Jones shops at risk of closing in the UK following WH Smith takeover? Reports said that around 80 TG Jones stores, out of its chain of more than 450, were most at risk following a period of weaker trading. The deal valued the retailer at around £76 million and resulted in it being rebranded to TG Jones. Are there any high street shops which closed for good recently that you wish would return?

Source: The Herald March 03, 2026 16:49 UTC