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WH Smith brand to disappear from high street as £76m sale of stores to Modella agreed

  • WH Smith will sell its 480 retail stores to Modella Capital for £76m.
  • The 233-year-old WH Smith brand will disappear from the high street after a short transitional period.
  • WH Smith will retain its brand for its travel shops, keeping almost 1,300 travel stores and its online business.
  • The sale of WH Smith retail stores will result in the rebranding of the business as TGJones.

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