TG Jones 'could fall into administration in two months unless it closes 150 stores' - as owner blames 'forced name change' from WH Smiths for ailing trade

TG Jones 'could fall into administration in two months unless it closes 150 stores' - as owner blames 'forced name change' from WH Smiths for ailing trade

On Wednesday, Modella Capital - the new private-equity owners of the rebranded WH Smith shops - outlined their plan to rescue the ailing business to the company's creditors.

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