Business & Technology
Fears growing for the future of Oxford TG Jones store
Owner Modella Capital bought and rebranded WHSmith last year.
The Retail Gazette said the private equity firm is said to be preparing a major restructuring in a bid to avoid the chain’s potential collapse.
Reports suggest around 100 of the retailer’s 480 stores could shut, including locations in Oxford, such as the store in Cornmarket Street.
READ MORE: Countdown host Susie Dent praises ‘incredible’ Oxford team
Other stores included are in Swindon and Chippenham, which are across the county border in Wiltshire.
Around 400 branches could remain open if landlords agree to rent reductions.
The proposals come after a 12-month moratorium on store closures, agreed as part of the 2025 acquisition from WHSmith, came to an end.
WHSmith retained its travel division, including shops in railway stations and airports, when it sold its high street arm to Modella.
A legal mechanism known as a “cram-down” is reportedly being considered, which could allow the restructuring to go ahead with court approval even if some creditors oppose it.
The move marks a sharp shift from Modella’s earlier ambitions to expand the business to more than 500 stores and establish TG Jones as a “hub of the high street”.
The potential closures come amid ongoing pressure on mid-market high street retailers, which continue to face rising costs, shifting shopping habits and weaker consumer demand.
No final decisions have been confirmed on which branches will close.
Business & Technology
Bicester Motion wins Oxfordshire Business of the Year
The title is awarded to ‘the business most able to demonstrate all-round achievement, a clear vision for the future, success against objectives and sustained growth’.
Bicester Motion, which was also a finalist in the Large Business Award category, became the 30th recipient of the event’s most prestigious award.
The company is based on a former RAF Bomber Training Station.
Since its founding in 2013, Bicester Motion has been based at a 444-acre site of national historic importance.
Under its stewardship, 99 per cent of the site’s buildings have been reactivated or restored for modern use.
A spokesman for Bicester Motion said: “A sustainable mobility future is the key to unlocking future human progress and it imagines a world where we can all move without impact – at a time when mobility will make or break our planet.”
Further recognition may be on the horizon, with Bicester Motion shortlisted for seven awards across several upcoming ceremonies, including the Commercial Property Awards, Construction News Awards, Constructing Excellence London & South East Awards, and the RTPI South East Planning Awards.
The company describes itself as ‘a vibrant and dedicated centre of excellence, where mobility businesses can thrive,’ and aims to ‘build the world’s leading mobility community’.
Business & Technology
Milton Park’s first plant-based cafe opens at Signal Yard
Planted Plates, founded by Didcot entrepreneur Henna Afzal, began as a food truck at the park’s street food pop-up event, Milton Feast, in 2021.
After five years of steady growth, the business has moved from its first bricks-and-mortar site on Eastern Avenue to a larger unit at Signal Yard, marking a return to its roots within the Milton Park community.
Ms Afzal said: “When I started Planted Plates, I simply wanted to create food that people genuinely looked forward to eating. For me, it’s always been about flavour first.
“You don’t have to be vegan to enjoy great food, and we’ve been incredibly lucky to build such a supportive community of customers over the last few years.
“Milton Park has been part of our journey from the beginning.”
Planted Plates offers a daily-changing menu of plant-based breakfasts, lunches, pastries, and barista coffee.
The new space includes a larger seating area designed to encourage people to meet, work, and socialise throughout the day.
Ms Afzal added: “Starting at Milton Feast gave us the opportunity to test ideas, build a following and grow the business.
“Opening at Signal Yard feels like a full-circle moment and we’re excited to welcome both familiar faces and new customers through the door.
“I am incredibly proud of how far the business has come.
“This move gives us the opportunity to expand our offer, grow the team and continue building something that people genuinely enjoy being part of.”
The cafe also provides vegan catering services to businesses across Milton Park, using a zero-CO2 delivery vehicle.
Ms Afzal’s brother, Jack, has now joined the team as the company looks to recruit further staff.
The opening of Planted Plates is part of Milton Park’s £14m investment in Signal Yard, which aims to create a new social and retail destination for the park’s 280+ companies and the wider community.
Clare Fleet, asset manager of Milton Park at Federated Hermes Real Estate, said: “One of the ambitions for Signal Yard has always been to support independent businesses and create a destination that brings people together.
“Planted Plates perfectly captures that vision.
“Henna has built a fantastic business at Milton Park over the last five years and we’re delighted to see her become the first food and beverage operator to open at Signal Yard.”
Signal Yard is bringing together a mix of independent retailers, food and beverage operators, and health and wellbeing services in a central location at Milton Park.
Planted Plates has also been shortlisted in the Ox in a Box Awards, which celebrate Oxfordshire’s favourite independent food and drink businesses.
Public voting is open via the Ox in a Box website until 20 June 2026.
Business & Technology
Oxfordshire firm awarded as circular furniture champion
Rhubarb Seating, based in Oxfordshire, earned the title in Design Conformity’s 2026 industry report, which assessed the sustainability performance of more than 170,000 furniture businesses across the UK and Europe.
It was one of only four UK companies to receive the ‘Leader’ classification, reserved for just 0.1 per cent of those evaluated.
David Matthews, director at Rhubarb Seating, said: “Rhubarb has always got one eye on refurbishment and future-proofing when developing a product, focusing on making it easy to reupholster, repair and re-use.
“Being recognised above most of the sector’s biggest names validates what we’ve always believed: good design and sustainable design are the same thing.”
The recognition follows independent verification of Rhubarb’s Cantay and Banquette seating ranges through Design Conformity’s Carbon Efficiency platform.
Both products achieved C3 Carbon Efficiency Ratings, reflecting strong performance in planned reuse.
The analysis found the Cantay 2-Seater Sofa had a verified carbon footprint of 60.99kg CO₂e, while the Banq Medium Back Straight unit recorded 69.48kg CO₂e.
Mr Matthews said: “There is definitely something inherently beautiful about a board of timber, utilised to its maximum, to create the component elements of a piece of furniture.”
Certified products are now listed on the Design Conformity directory.
-
Oxford News4 weeks agoOxfordshire families invited to free day of fun in Bicester
-
Business & Technology4 weeks agoNew ‘high-quality’ mushroom business launched in Oxford
-
Crime & Safety3 weeks agoPhotos as 1979 Pontiac Firebird ‘bursts in flames’ at Tesco
-
Student Life3 weeks agoTransgender rights protest in central Oxford following updated EHRC guidance
-
Business & Technology4 weeks agoNHS IT outages disrupt 274,620 patient interactions
-
Business & Technology3 weeks agoFlex Health Hub officially opens at Milton Park Oxfordshire
-
Business & Technology3 weeks agoOxford firm wins major backing for fin-based tidal power
-
UK News4 weeks agoUS strikes Iran missile sites and mine laying vessels as Trump’s promised peace deal remains elusive | US-Israel war on Iran
