BUSINESSTHE GUARDIAN WORLD
Dozens of former WH Smith stores face closure, putting thousands of jobs at risk
Dozens of former WH Smith stores face closure due to weak consumer spending, putting thousands of jobs at risk under new owner Modella Capital's restructuring plan. The investment company bought WH Smith's chain of 480 high street stores for £76m last year and rebranded them to TG Jones. The closures are a result of the company's efforts to address financial difficulties.