British stationery chain to close two branches TODAY following huge 50% off sale amid plans to shutter 150 sites forever

A BRITISH stationery chain is set to close two branches today amid plans to shutter up to 150 locations for good.

It comes after “everything must go” signs have been spotted in store windows.

TG Jones will close locations in both Redcar and Redhill this Saturday, September 5.

Closing down sales have been launched at its branch in Redhill, offering discounts of up to 50% off.

The news of the closure will come as a blow to shoppers who in the past described the store as “great” and praised the lovely staff.

The brand already closed a site in Bath on September 1, and will close a total of 19 sites in September.

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Now, up to 150 stores are at risk of closure, with rent set to be cut by 15 to 75 per cent on hundreds more.

While WH Smith sold all its high street stores to Modella last year, it continues to operate its travel shops, including in airports and train stations, which was the more profitable part of the business.