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modella capital

مستقر5 خبر2 مصادرآخر تحديث: 13.05.2026

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How new owner became all powerful in ‘high stakes’ attempt to revive former WH Smith chain
خبر
13.05.2026

How new owner became all powerful in ‘high stakes’ attempt to revive former WH Smith chain

Low-profile Modella has positioned itself as a key creditor, landlord and brand owner to struggling TG Jones as store closures and job cuts loomShoppers at WH Smith were once accustomed to being offered cheap chocolate stacked high at the counter while buying their morning newspaper. Now, the chain’s former high street stores have themselves become the subject of a cut-price deal – as the low-profile investment group that snapped them up appears set to pay less than half of the original cash price.The paperclips to books chain had notched up 233 years on the British high street when it was bought by Modella Capital last summer. Continue reading...

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Guardian Business
Revealed: owner of former WH Smith stores is charging fee to use fictitious ‘family’ brand
خبر
07.05.2026

Revealed: owner of former WH Smith stores is charging fee to use fictitious ‘family’ brand

Exclusive: Documents show Modella Capital, which bought the chain last year, is so far owed £2.9m in royalty feesThe investment company that owns the former WH Smith high street stores is charging the retailer millions of pounds in licence fees for the right to use its widely derided TG Jones name, the Guardian can reveal.Modella Capital – which bought the chain from WH Smith’s parent company last year – on Wednesday blamed weak consumer spending as it laid out a restructuring plan that could shut 150 of its 450 shops. It also said “the forced name change from WH Smith has also negatively impacted consumer awareness”. Continue reading...

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Guardian Business
Up to 150 former WH Smith stores face closure, putting thousands of jobs at risk
خبر
06.05.2026

Up to 150 former WH Smith stores face closure, putting thousands of jobs at risk

Modella Capital, which rebranded shops as TG Jones, unveils major restructure and is seeking rent holidaysUp to 150 former WH Smith stores are likely to close, putting thousands of jobs at risk under a radical restructuring plan by their new owner, which had rebranded the shops as TG Jones.The investment company Modella Capital, which bought WH Smith’s chain of 480 high street stores for £76m last year, blamed “weak consumer spending” as it set out the plan to landlords on Wednesday. Continue reading...

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Guardian Business
Dozens of former WH Smith stores face closure, putting thousands of jobs at risk
خبر
06.05.2026

Dozens of former WH Smith stores face closure, putting thousands of jobs at risk

New owner Modella Capital, which rebranded shops to TG Jones, blames weak consumer spending Dozens of former WH Smith stores are likely to close, putting thousands of jobs at risk under a radical restructuring plan by their new owner, which had rebranded the shops to TG Jones,The investment company Modella Capital, which bought WH Smith’s chain of 480 high street stores for £76m last year, blamed “weak consumer spending” as it set out the plan to landlords on Wednesday. Continue reading...

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Guardian Business