More than third of post offices in TG Jones stores to shut by early 2027
Source: The Guardian ·
Closures within chain formerly under the WH Smith brand raise fears of high streets becoming ‘postal deserts’Towns and even city centres face being left as “postal deserts” after it emerged that more than a third of post offices within the troubled TG Jones chain are closing.So far this year 36 branches within the high street chain formerly known as WH Smith have closed and a further 34 are set…
From the source
Towns and even city centres face being left as “postal deserts” after it emerged that more than a third of post offices within the troubled TG Jones chain are closing. So far this year 36 branches within the high street chain formerly known as WH Smith have closed and a further 34 are set to close by early 2027, according to Post Office records analysed by the Guardian. TG Jones was bought and renamed by Modella last year. Before the private equity group’s restructure won approval from creditors in July, the chain operated 180 post offices and it had been feared that as many as 60 could be closed under the shake-up. Up to 150 of the 450 stores acquired by Modella are expected to shut, about 65 of which have already closed and at least another 46 are to cease operating early next year. This total of 110 announced closures include the 70 containing post offices. The larger-than-expected wave of TG Jones branch closures follows an announcement in the summer that 52 post offices will…