Bosses confirm plans for TG Jones - formerly WH Smith - at Meadowhall after Sheffield Fargate closure blow
Bosses explain position on Meadowhall branch after announcing closure of Sheffield store
Bosses at the retailer TG Jones have confirmed their current plans for their Meadowhall store.
The stationary chain, which took over stores which were previously branded as WH Smith last year, announced the closure of its long established Sheffield city centre store, on Fargate, this week.
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Now the company says that it’s Meadowhall shop “remains open”.
Bosses at the company say there are no plans to close the shop at the huge shopping centre near the M1 and it would be remaining as the company carries out a major restructuring.
TG Jones was created when Modella Capital bought 480 high street WH Smith shops last year.
In July this year a court approved a restructuring plan in which landlords cut rents in return for Modella ploughing money into a turnaround and a share of future profits.