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Evening Standard
Evening Standard
Business
Anna Wise

TG Jones owner calls in help for possible shop closure plan – reports

TG Jones Modella WH Smith Teneo Modella Capital Original Factory Shop Claire Accessories
The owner of TG Jones has called on advisers to draw up a restructuring plan (Richard Walker Media Assignments/PA) - (PA Wire)

The owner of TG Jones has called on advisers to draw up a restructuring plan in a bid to put the retailer on a stronger footing, but that could put around 80 stores at risk, according to reports.

Modella Capital is taking steps to turn around the business’s performance, which it said was against a “tough” backdrop for the UK high street.

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