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flag TG Jones may close up to 100 stores after £76 million acquisition.

flag TG Jones, the rebranded High Street division of WH Smith, may close up to 100 of its 500 stores following a £76 million acquisition by Modella Capital. flag The restructuring plan aims to keep 400 branches open, contingent on renegotiating rent terms, with the company seeking court approval. flag This move follows the closure of 154 Claire’s stores across the UK and Ireland, resulting in about 1,300 job losses, while concessions in Asda remain unaffected.

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