Back to today’s briefing

Story perspectives

WH Smith Sells 480 Stores, Focuses on Travel Sector

3/28/2025

49 10

Summary

Story summary

WH Smith is making a bold move by selling its 480 high street stores to Modella Capital for £76 million, rebranding them as TGJones. This strategic decision allows WH Smith to concentrate on its lucrative travel sector, which accounts for 75% of its revenue, signaling a transformative chapter for the iconic retailer established in 1792.

1 of 1

Story summary

WH Smith is making a bold move by selling its 480 high street stores to Modella Capital for £76 million, rebranding them as TGJones. This strategic decision allows WH Smith to concentrate on its lucrative travel sector, which accounts for 75% of its revenue, signaling a transformative chapter for the iconic retailer established in 1792.