Up to 150 former WH Smith stores threatened by closure after restructuring approved

Yahoo Finance UK·Jul 1

✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source

A restructuring plan has been approved, putting up to 150 former WH Smith stores at risk of closure. The move may threaten hundreds of jobs and could lead to areas being left without postal services. The exact outcome is uncertain, but the plan is part of an overhaul by the company's owner, with reports suggesting a significant financial shortfall and potential job losses.

Full coverage

Up to 150 ex-WHSmith High Street stores to close as rescue deal approved

BBC·Jul 1

Former WH Smith Chain on Brink of Collapse: £8M Shortfall Threatens 4,700 Jobs and 150 Stores

inkl·Jul 2

High Court approves TG Jones plan, 150 stores to close

MSN·Jul 1

Fears of ‘postal deserts’ as owner of former WH Smith stores puts counters under threat

The Guardian·May 15

Why up to 150 former WH Smith stores are being threatened by closure

The Independent·Jul 1

Up to 150 former WHSmith stores to shut in major TG Jones overhaul

Retail Gazette·Jul 2

Up to 150 former WHSmith stores to close in company restructure with hundreds of jobs at risk

Yahoo Finance UK·May 6

Private equity firm Modella begins restructuring TG Jones, 150 stores reportedly at closure risk

downthetubes.net·May 7

View original report at Yahoo Finance UK ↗

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