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TGJones, Claire’s Cut Jobs, Close Stores; WHSmith Sold £40M

5/6/2026

44 9 Full Breakdown

Summary

Story summary

TGJones cites forced name change, higher government-policy costs and geopolitical events for its challenges.
TGJones announced a restructuring plan that may close stores and cut roles.
Modella Capital, closing 154 Claire’s stores and cutting 1,300 jobs, says it will try to preserve as many jobs as possible.
WHSmith sold its business for £40 million in March 2025, keeping only travel-location operations and removing the WHSmith brand from the deal.

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Story summary

TGJones cites forced name change, higher government-policy costs and geopolitical events for its challenges.
TGJones announced a restructuring plan that may close stores and cut roles.
Modella Capital, closing 154 Claire’s stores and cutting 1,300 jobs, says it will try to preserve as many jobs as possible.
WHSmith sold its business for £40 million in March 2025, keeping only travel-location operations and removing the WHSmith brand from the deal.