💨 Abstract
WHSmith closed another high street location in Stockton, marking its ongoing departure from the UK's high streets. The retailer, established in 1792, has struggled with rising costs, online competition, and changing shopping habits. Recently acquired by Modella Capital, WHSmith plans to close all high street stores, focusing instead on travel retail. Despite saved jobs through the deal, the iconic WHSmith name will be rebranded to TG Jones.
Courtesy: www.thesun.co.uk
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