TG Jones plans to close up to 150 stores after court approval
Up to 150 former WH Smith stores will close after a high court approved a major restructuring plan. The retailer, rebranded as TG Jones, will write off debts and cut rents, which could impact thousands of jobs. Chief executive Alex Willson stated the decision strengthens the business as they implement their turnaround strategy.
How does this story land?
Summary by OZbrief Editorial · The Guardian Australia – Business · Source
Take it further — get the full app and never miss a moment of what's happening in Australia.
This publisher's site can't be shown here due to their security settings.
Open full article →No source link available for this article.
Published 01 Jul 2026, 10:57 UTC · Updated 01 Jul 2026, 11:11 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia – Business. Editorial policy · Corrections
Trending
- 'It's who we are': Albanese issues impassioned defence of multiculturalism
- Katrina Kroetch showcases women's magic talent at Melbourne Magic Festival
- Adam Liaw’s brown sugar pudding
- Why Collingwood spent $4m on a South Melbourne property
- Football-free zone: Wimbledon extends World Cup screening ban to players’ lounge
- Aussie musicians vow to make voices heard in AI copyright war