Modella Capital is the firm that bought troubled The Original Factory Shop and has shown interest in bidding for Lakeland. It comes after WHSmith said it was looking at offloading 500 high street ...

The sale does not include the retailer's travel locations, such as shops in airports and train stations, nor the WHSmith brand All the approximately 480 stores and 5,000 staff working for the high ...

One of Britain’s best-known retail brands, WHSmith, is set to disappear from the High Street as hundreds of its stores are rebranded under a new name following a £76million deal. The iconic UK ...

Modella Capital, which is known for snapping up troubled retailers and previously acquired Hobbycraft and The Original Factory Shop, was one of two remaining parties that were bidding for WHSmith.

WHSmith says its travel arm accounts for 85% of group profits. Modella Capital, which is known for snapping up troubled retailers and previously acquired Hobbycraft and The Original Factory Shop ...

This means the WHSmith brand will disappear from UK high streets, with the new owner having acquired all stores, colleagues, assets and liabilities of the chain, but not the brand. These stores will ...

recognised for reviving struggling retail brands and having previously taken over Hobbycraft and The Original Factory Shop, emerged as the successful bidder among the final contenders for WHSmith.

Last August, the retail investor bought Hobby Craft and just last month snapped up The Original Factory Shop. WHSmith has already reduced its portfolio of stores massively, with plans to shut 20 ...

Both potential buyers have experience taking over troubled retailers, with Modella Capital having recently bought The Original Factory Shop and joined the bidding for Lakeland. WHSmith revealed ...

Hundreds of WHSmith shops are going to be rebranded, with the new name carrying the "same sense of family". The well-known name will disappear from the high street as part of a £75million deal.

The WHSmith name will disappear from Southampton's high street after a £76 million sale. The shop, on Above Bar Street, will be rebranded as TGJones after WHSmith agreed to sell its UK high ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. WHSmith-branded shops will disappear from UK high streets and be renamed TG Jones following a £76mn deal ...