Up to 150 former WHSmith high street stores operating under the TGJones brand are set to close, marking a significant reduction in the retail chain's footprint.

The stores in question were acquired by Modella Capital last year as part of a broader transaction involving former WHSmith locations. Following the purchase, Modella Capital rebranded the stores under the TGJones name.

The planned closures represent a substantial portion of the chain's operations and reflect ongoing challenges facing traditional high street retailers. The decision comes amid continued pressure on brick-and-mortar retail stores, which have faced declining footfall and increased competition from online retailers.

The timeline for the store closures and the impact on employment levels have not been specified. The closures are expected to affect communities across the UK where these former WHSmith locations have served as neighborhood retail outlets.