Is this the end of the line for TGJones?

Last week it was reported that up to 150 former WHSmith stores were set to shut, while rent cuts would apply to most of its remaining sites, as its owner Modella Capital won approval for a major restructuring of its estate.
The private equity firm blamed “challenging retail conditions” for the restructuring, claiming that its plans were vital for the survival of its business, the BBC reported.
The High Court heard at the time that TGJones was on the brink of insolvency and would face