WHSmith to sell all 500 high street stores in huge £76million deal

WH SMITH will sell all 500 high street stores in huge £76million deal.

In an announcement today the firm agreed to sell the chain to Modella Capital in a deal which will eventually see the stores rebranded as TGJones.

Alamy

WH SMITH has agreed to sell its stores[/caption]

It comes after WHSmith said it was looking at offloading 500 high street stores in January.