WH Smith, a long-standing presence in UK town centres since its founding in 1792, is set to disappear from the High Street as it transitions to the brand TGJones. The sale to Modella Capital includes 480 retail outlets and 5,000 staff, while Post Office services will continue. Despite expected changes and the addition of new products, Modella has not commented on potential job cuts. The WH Smith brand will remain at travel and hospital locations. Modella aims to maintain the family-friendly appeal associated with WH Smith.
WH Smith, a staple of UK town centres for over a century, will rebrand its High Street stores as TGJones after being sold to Modella Capital.
Modella Capital, known for investing in retail, will maintain Post Office outlets but aims to refresh the chain with new ranges while retaining existing concessions.
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