Former Smith

Exclusive: Contract changes mean Post Office outlets inside TG Jones stores would be easier to close, with up to 60 possibly affectedThe owner of WH Smith’s former high street business is aiming to change contracts with the Post Office to make it easier to close outlets within its stores, increasing fears that communities will become “postal deserts”.TG Jones operates 180 post offices and it is understood that as many as 60 could be closed under a restructuring plan by Modella, the private equity group that renamed the WH Smith high street chain as TG Jones after buying it last year. Continue reading...

Exclusive: Documents show Modella Capital, which bought the chain last year, is so far owed £2.9m in royalty feesThe investment company that owns the former WH Smith high street stores is charging the retailer millions of pounds in licence fees for the right to use its widely derided TG Jones name, the Guardian can reveal.Modella Capital – which bought the chain from WH Smith’s parent company last year – on Wednesday blamed weak consumer spending as it laid out a restructuring plan that could shut 150 of its 450 shops. It also said “the forced name change from WH Smith has also negatively impacted consumer awareness”. Continue reading...

New owner Modella Capital, which rebranded shops to TG Jones, blames weak consumer spending Dozens of former WH Smith stores are likely to close, putting thousands of jobs at risk under a radical restructuring plan by their new owner, which had rebranded the shops to TG Jones,The investment company Modella Capital, which bought WH Smith’s chain of 480 high street stores for £76m last year, blamed “weak consumer spending” as it set out the plan to landlords on Wednesday. Continue reading...

Text on plaque in Hall of Valour updated to include references to war crime – murder charges and the ongoing legal processThe Australian War Memorial has updated the display dedicated to Ben Roberts-Smith after the former Special Air Service (SAS) corporal was officially charged with five counts of the war crime of murder.The changes, implemented on Friday, mean nearly half of the descriptive plaque in the museum’s Hall of Valour is now dedicated to events occurring after his military service, beginning with the initial reports of misconduct in 2016. Continue reading...

Roberts-Smith previously failed in his attempt to sue three newspapers which published allegations he committed war crimesFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastFormer soldier Ben Roberts-Smith, recipient of the Victoria Cross, has been arrested at Sydney airport in relation to alleged war crimes.Roberts-Smith was due to face court in Sydney on Tuesday. He has previously been accused in a defamation suit of murdering unarmed civilians while serving in the Australian SAS in Afghanistan. Continue reading...