Former WH Smith high street chain TGJones launches restructuring plan
06/05/2026 12:57
May 6 (Reuters) - TGJones, the former WH Smith SMWH.L high street business, said that on Wednesday it had launched a formal restructuring plan as part of efforts to turn around the business, with owner Modella Capital committing more than 35 million pounds ($47.7 million) to support the process. ($1 = 0.7339 pounds) (Reporting by Nithyashree R B in Bengaluru; Editing by Mrigank Dhaniwala) ((NithyashreeRB@thomsonreuters.com))
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