New name for Macclesfield's WHSmith as store completes rebrand to TGJones
WHSmith has officially left Macclesfield's high street.
The Mill Street branch of the iconic retailer has undergone a rebrand, with TGJones signs now in place.
It comes after the 233-year-old company was sold to Modella Capital - the firm which owns Hobbycraft - earlier this year in a deal worth £76 million.
WHSmith said the sale will mean it can focus on the travel arm of the business.
"Over the last decade, WHSmith has become a leading global travel retailer with over 1,200 Travel stores across 32 countries," read a statement released by the company.
"While profitable and cash generative, the UK High Street business has become an increasingly smaller part of the WHSmith Group.
"In the financial year ended 31 August 2024, 75% of the Group's revenue and 85% of its trading profit came from its Travel business.
"As the group has successfully developed its Travel Essentials proposition, including a higher proportion of food and drink, health and beauty and tech accessories, its customer offer in travel is increasingly different from that of its UK High Street business."
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