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High Street Chain TG Jones (formerly WHSmith) Restructuring Approved, 150 Stores at Risk
A court has approved a sweeping restructuring plan for the high street chain TG Jones, formerly known as WHSmith, which will see steep rent cuts on most remaining stores and put around 150 shops at risk of closure, though the company will avoid insolvency.
1 Jul, 11:22 — 1 Jul, 11:31
The Story
Analyzing sources…
Source Diversity
Source Diversity
Moderate (27/100)2 sources— more sources would strengthen this score15/33
Spectrum spread— 2/5 buckets covered8/33
Far L1
Far Left (1)
The Independent
Left1
Left (1)
BBC
Center
Right
Far R
Geographic diversity— 1 region4/34
UK2
ℹAll sources from UK region
ℹOnly 2 sources cover this story
Sources
Showing 2 of 2 sources
BBCHigh15h ago
Up to 150 ex-WHSmith High Street stores to close as resue deal approved
The sweeping restructuring, approved by a court, will see steep rent cuts on most remaining stores.
Read full article →The IndependentMostly Factual15h ago
Around 150 TG Jones shops at risk of closure after restructuring approved
However, the high street chain formerly known as WH Smith said it will avoid insolvency as a result of the plan.
By Danny Halpin
Read full article →Coverage Timeline
First report: The Independent · 1 Jul, 11:22|Full coverage: 2 · 8m|Window: 8m
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