Modella Capital Changes TG Jones Stores

May 6, 2026, 19:52
UKFinance

Introduction

Modella Capital has a new plan for TG Jones. They may close 150 stores. They want to pay less rent.

Main Body

Modella Capital bought many stores from WH Smith. They changed the name to TG Jones. Now the company loses money. People have less money to spend. Also, the new name is not famous. The company wants to close eight stores now. They want to pay no rent for 100 stores. They want to pay less rent for other stores. If the owners say no, the stores will close. A judge will decide in June. Some people do not think this plan will work. Modella Capital bought other shops before. Those shops closed and many people lost their jobs. TG Jones has 5,000 workers. Some workers may lose their jobs too.

Conclusion

TG Jones wants to change its plan to save the company. They need a judge and lenders to say yes.

Learning

πŸ’‘ The 'Want' Pattern

In this text, the word want is used many times to show a goal or a wish. To reach A2, you need to know how to use it to describe a plan.

The Rule: Person β†’ want(s) β†’ to β†’ Action

Examples from the story:

  • They want to pay less rent.
  • They want to close eight stores.
  • TG Jones wants to change its plan.

πŸ“‰ Contrasting Words (Less vs. More)

Notice how the story talks about money using less. This is a key A2 skill for describing changes.

  • Less money (Small amount β†˜οΈ)
  • Less rent (Lower price β†˜οΈ)

If the company had more money, they would not close stores!

Vocabulary Learning

plan (n.)
A decision about what to do.
Example:The company has a new plan for the future.
close (v.)
To shut or stop operating.
Example:They may close 150 stores.
rent (n.)
Money paid for using a building or space.
Example:They want to pay less rent.
store (n.)
A shop where goods are sold.
Example:They bought many stores from WH Smith.
company (n.)
A business organization.
Example:The company loses money.
money (n.)
Currency used for buying goods and services.
Example:People have less money to spend.
spend (v.)
To use money to buy goods or services.
Example:People have less money to spend.
judge (n.)
A person who decides in a court of law.
Example:A judge will decide in June.
workers (n.)
People who do work for a company.
Example:TG Jones has 5,000 workers.
lose (v.)
To no longer have something.
Example:Many people lost their jobs.