T. G. Jones

Impact: T. G. Jones secured court approval for a major restructuring plan, which will save the business from insolvency and lead to the closure of around 150 stores. This plan includes a new loan from Modella Capital and reduced rent rates for landlords.

Impact: T. G. Jones, formerly WHSmith's high street chain, is undergoing a drastic restructuring by its owner Modella Capital, which could lead to the closure of up to 150 shops and job losses. The company blames government policy and geopolitical events for its struggles.

Impact: T. G. Jones was one of the retailers that sold the contaminated 'Out To Impress Creative Candles' kit, and is involved in the product recall, offering refunds to customers.