WHSmith update as sale ‘on track’ for this month before it disappears from high streets

THE sale of 480 WHSmith stores is set to complete this month before the brand disappears from the high street for good.

The deal to sell off the branches to Hobbycraft owner Modella Capital is set to be finalised by the end of June, WHSmith said.

PAWHSmith will disappear from the high street for good[/caption]

The £76million deal, which was agreed in March, will see the iconic brand name disappear from high streets.

The stores will be rebranded as TGJones and reopen under this name from July, WHSmith said.