TG Jones Rescue Plan Comes with 'Considerable Risks' Warns Judge

TG Jones rescue plan comes with 'considerable risks' warns judge

The judge who approved a rescue plan for the former WH Smith high street business – now named TG Jones – cast doubt on the future prospects of…

David Jones plans to pay brands over months in frantic bid to restock

Suppliers had hoped the refinancing of a major loan by the private equity-owned luxury department store giant would end months of slow payments for goods.

Judge casts doubt on turnaround plan for TG Jones

Restructuring involving 150 store closures carries 'very considerable' execution risk, court hears. Read the full story at Retail Sector.

Judge Casts Doubt On Future Of WH Smith Replacement TGJones

The judge who approved a rescue plan for the former WHSmith high street business – now named TGJones – cast doubt on the future prospects of the retailer, suggesting there were “very considerable” risks in achieving a turnaround. Read the (more…) The post Judge Casts Doubt On Future Of WH Smith Replacement TGJones appeared first on KamCity.