‘WHSmith can’t be expected to bail out Modella’s embattled TGJones’

George MacDonald

WHSmith has challenges of its own to cope with, and it’s impossible to see why it would divert any focus to the fortunes of its former high street arm. Ultimately, the buck stops with TGJones’ owner, Modella, observes George MacDonald

For some unknown reason, there have been suggestions that WHSmith might step in with some financial assistance for TGJones, the former’s renamed high street division, which was sold to investor Modella last year.

 

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