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Revealed: owner of former WH Smith stores is charging fee to use fictitious ‘family’ brand
Modella Capital, the owner of the former WH Smith high street stores rebranded as TG Jones, is owed £2.9m in royalty fees from the retailer for using the fictitious TG Jones name, documents obtained by The Guardian reveal. TG Jones has proposed an aggressive restructuring plan that could close up to 150 of its 450 stores amid slumping sales, severe cashflow pressures, and negative consumer reaction to the brand change, with creditors set to vote on the plan in late June.
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15- First seen
- May 7, 2026, 9:36 PM
- Last updated
- May 8, 2026, 12:20 AM
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Revealed: owner of former WH Smith stores is charging fee to use fictitious ‘family’ brand is currently shaped by signals from 1 source platforms. This page organizes AI analysis summaries, 1 timeline events, and 15 relationship edges so search engines and AI systems can understand the topic's factual basis and propagation arc.
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7 tagsroyalty feesretail restructuringfictitious brandstore closurescashflow pressuresbrand rebrandingcreditor vote
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1 evidence itemsRevealed: owner of former WH Smith stores is charging fee to use fictitious ‘family’ brand
News · 1May 7, 2026, 9:36 PMOpen original source
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Revealed: owner of former WH Smith stores is charging fee to use fictitious ‘family’ brand
May 7, 2026, 9:36 PM
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