WH Smith is selling 480 retail outlets to Modella Capital for £76m, leading to the brand's exit from UK high streets. The stores will be renamed TGJones, while WH Smith retains its travel business. The deal aims to allow WH Smith to focus on its growing travel sector, although concerns exist about the impact of losing the WH Smith brand on customer loyalty. The UK high street has been struggling, with many retailers closing down, but retail sales showed some resilience in February. Teljes cikk (Euronews.com)