WHSmith is the UKās leading specialist multiple newsagent, a category covering books, greeting cards, stationery, newspapers, magazines, confectionary and more. Operations are divided into two divisions by location type: high street and travel. Retail Week provides news, analysis, features and opinion about WHSmith and the books, cards and stationery sectors.
Commercial property group British Land has slammed TGJonesā restructuring proposals, labelling them āunacceptableā and āunfairā.
TGJones chief executive Alex Willson has said his fist impression was āthe huge scale of under-investment over many yearsā, in an interview with the Financial Times.
Retail Week hears from WHSmith UK boss Andrew Harrison ā the man tasked with guiding the business through one of the most turbulent periods in its history.
Retail Week has seen the restructuring plan put forward to creditors and landlords by TGJones owner Modella Capital. The details make for grim reading.
Modella, the owner of TGJones, has launched a restructuring plan involving the shuttering of up to 150 branches and hundreds of job losses.
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