WHSmith: Modella Capital outlines plans following high street arm acquisition

Private equity firm Modella Capital has set out its initial plans for the WHSmith’s high street business, following the £76m acquisition announced this morning.
The deal, which covers approximately 480 WHSmith stores across high streets, shopping centres, and retail parks in the UK, marks the firm’s latest expansion.
Under Modella’s ownership, the stores will rebrand to TGJones, with plans to retain the existing product offerings, including Post Office and Toys “R&r