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Iconic high street retailer WH Smith announces MAJOR rebrand as it agrees £76million sale

WH Smith has agreed to sell its UK high street chain to Modella Capital in a deal valuing it at £76 million and will eventually rebrand under a new name, the company has announced.



WH Smith is selling its UK high street chain to Modella Capital for £76 million and will rebrand the stores as TGJones. The deal excludes WH Smith's travel locations (airports, train stations, hospitals) which will remain as WH Smith. This sale marks a shift for WH Smith to focus exclusively on its growing global travel retail business.

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