All TGJones articles
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NewsModella to improve TGJones restructuring terms after facing opposition
The owner of TGJones is expected to enhance its restructuring proposals after a backlash from landlords.
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NewsTGJones pledges lower prices and more staff hours in-store after restructuring
The boss of TGJones, the rebranded WHSmith high street business, has outlined a new vision for the retailer as it seeks to restructure.
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NewsBritish Land criticises TGJones’ ‘unacceptable’ and ‘unfair’ restructuring proposals
Commercial property group British Land has slammed TGJones’ restructuring proposals, labelling them “unacceptable” and “unfair”.
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NewsModella plans rent and job cuts at footwear chain
Investment firm Modella Capital, owner of TGJones, Hobbycraft, and most recently Flying Tiger Copenhagen, is plotting rent and job cuts at a footwear retailer it bought late last year.
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NewsTGJones’ owner lines up purchase of Flying Tiger Copenhagen
Investor Modella, owner of troubled TGJones, is preparing to buy homewares business Flying Tiger Copenhagen.
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NewsTGJones CEO criticises former owner WHSmith for ‘under-investment’
TGJones chief executive Alex Willson has said his fist impression was “the huge scale of under-investment over many years”, in an interview with the Financial Times.
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InterviewWHSmith UK boss Andrew Harrison on piloting the business through turbulence
Retail Week hears from WHSmith UK boss Andrew Harrison – the man tasked with guiding the business through one of the most turbulent periods in its history.
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NewsTGJones could collapse into insolvency by summer
Modella Capital has told creditors to back its restructuring proposals or risk the business collapsing into insolvency by the end of July, according to restructuring plans seen by Retail Week.
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NewsTGJones owner details restructuring proposals putting stores and jobs at risk
Modella, the owner of TGJones, has launched a restructuring plan involving the shuttering of up to 150 branches and hundreds of job losses.
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NewsTGJones closes in on debt refinancing deal
TGJones, the rebranded WHSmith high street business, is nearing a refinancing of debt facilities, it is understood.
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AnalysisWhy TGJones’ impending restructuring has the retail property sector worried
With TGJones’ long-expected restructuring proposals expected to be put forward soon, financial advisory firms are privately worried that Modella Capital’s latest attempts at a ‘cram-down’ could kill the measure off for good
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NewsMajority of customers against TGJones rebrand
Three-quarters of the British public are not fans of the rebrand of the former WHSmith high street business to TGJones, according to exclusive polling shared with Retail Week.
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Opinion‘WHSmith can’t be expected to bail out Modella’s embattled TGJones’
WHSmith has challenges of its own to cope with, and it’s impossible to see why it would divert any focus to the fortunes of its former high street arm. Ultimately, the buck stops with TGJones’ owner, Modella, observes George MacDonald
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NewsTGJones owner approaches restructuring firm over store closure plans
Modella Capital, the owner of TGJones, has approached Teneo to help draw up plans to restructure the business.
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Opinion‘Modella now needs to deliver on promise of TGJones’
TGJones was envisaged as a ‘hub of the high street’ but, as its chief executive stands down, there are few signs so far of increased momentum at the retailer, observes George MacDonald
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NewsModella’s TGJones appoints new chief executive
The chief executive of TGJones is leaving less than a year after the sale of the renamed WHSmith high street division, Retail Week can reveal.
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NewsTGJones owner explores potential sale of head office and distribution centre
TGJones’ owner Modella Capital is exploring the possibility of selling the freehold on its Swindon head office and distribution centre in the future, Retail Week can reveal.
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NewsModella sets out plans to make TGJones ‘hub of the high street’
TGJones and owner Modella Capital have set out their plans to expand the retailer to over 500-stores across the country in a call with landlords today [November 19], Retail Week can reveal.
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NewsWHSmith delays results as accounting investigation continues
Travel retail specialist WHSmith has moved its full-year results back as accountants review a profits overstatement at its flagship North American business.
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NewsTGJones kicks off Christmas recruitment drive
TGJones has started its Christmas recruitment by offering 115 seasonal jobs across its UK stores.