**TGJones to Shut Down Up to 150 Stores: Former WHSmith Locations Face Closure**
**London, UK** – Modella Capital’s high street venture, TGJones, is set to close up to 150 of its stores, representing a significant portion of its retail footprint. These locations were originally part of WHSmith’s high street portfolio before being acquired and rebranded by Modella Capital just last year.
The closures signal further challenges for traditional bricks-and-mortar retail and could result in substantial job losses across the country. An exact timeline for the closures and details on potential redundancies are yet to be announced. This development highlights the ongoing pressures faced by retailers amid changing consumer habits and a challenging economic environment.
