fromBusiness Matters
5 days agoTGJones owner Modella Capital to shut up to 150 former WHSmith high street shops
While we continue to believe in the strength of the core business, TGJones has experienced highly challenging trading conditions over the past year, along with many other brick-and-mortar retailers. The firm laid the blame squarely at the door of three culprits: the 'forced' rebrand from the trusted, 233-year-old WHSmith fascia, which it said had dented brand recognition almost overnight; rising operating costs 'as a direct result of government policy'.
Real estate

