Topic
store closures
Mergers #whsmith#store closures
Up to 150 Former WH Smith Stores to Close After Court Approves TG Jones Rescue Deal
The High Court has approved a rescue deal for TG Jones, the owner of former WH Smith high street stores, allowing up to 150 store closures and steep rent cuts. Modella Capital, which acquired the chain last year, said the plan is vital to avoid insolvency and will invest savings into a turnaround strategy.
Jul 8, 2026 1 source
Business Economy #british heart foundation#charity shops
British Heart Foundation to Close 150 Charity Shops Amid Rising Costs
The British Heart Foundation plans to close 150 charity shops over the next two years, citing rising costs and changing consumer habits. This move affects nearly a quarter of its retail locations across the UK.
Jun 8, 2026 1 source