Day: March 28, 2025
Under terms of deal with Hobbycraft owner, 233-year-old brand will become TGJones
WH Smith is to sell its 480 retail stores to the Hobbycraft owner, Modella Capital, in a deal worth £76m, and has confirmed that the 233-year-old brand will disappear from the high street after a “short transitional period”.
Under the terms of the deal, the high street business, which employs 5,000 staff, will be rebranded as TGJones, while WH Smith is retaining its brand for its travel shops.
Wettest March day for 15 years in some parts of northern Australian state, while storms and hail hit Mediterranean
More heavy rain has hit Queensland, Australia, just weeks after the devastation of Cyclone Alfred. Much of north and central Queensland was put under severe weather alert for heavy rainfall earlier this week, as six-hourly rainfall totals of 30-60mm were anticipated, with risk of seeing a total of up to 120mm locally in this time frame.
In the north-west of the state, this rain allowed waters in the Haughton River to rise rapidly, with levels reaching 2.68 metres on Wednesday night, exceeding the 2.5-metre major flood level.