TG Jones to Close Maldon Store Amid 150-Branch Restructure

Retailer TG Jones will close its Maldon branch on October 9 following a closing down sale. The closure is part of a broader nationwide restructure approved by the High Court, which involves shutting approximately 150 stores across the United Kingdom to reduce liabilities and improve profitability.

In September, the company listed 19 stores for closure, including branches in Basildon and Southend. TG Jones was established in 2025 after Modella Capital purchased the UK high street business of WHSmith.

The company attributes these financial pressures to a combination of inflation, declining sales, and the growth of online shopping. Other contributing factors include weaker consumer spending and rising taxes and labor costs.