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Bookstores Vanish as High Street Falters | Durham News
Description
UK’s TG Jones bookstores, once WH Smith, are shuttering 150 of 480 locations in a brutal restructuring after the high street arm was sold. Modella Capital, the buyer, admits the big bookstore model in pricey malls is dead — “everything-must-go” sales are already hitting Bath and Swindon with 30% off. This marks the end of an era, with up to 5,000 jobs at risk and even the Post Office inside Swindon closing by September. While travel hubs stay, the high street is vanishing — a stark reminder that digital disruption is rewriting retail’s rules, even for giants.
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